House Covid Bill Extends and Increases Unemployment Benefits

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Unemployment benefits extended

Those programs include pandemic unemployment assistance for the self-employed, chores, and other workers who are not eligible for state-level assistance; and Pandemic Emergency Unemployment Compensation, which pays extra weeks in government benefits to the long-term unemployed.

The bill would offer PUA recipients up to 74 weeks in benefits, starting at 50. PEUC recipients would receive up to 48 weeks instead of 24.

Extra $ 400 per week

Benefit recipients would also receive an additional $ 400 per week through August 29.

According to the Department of Labor, in the third quarter of last year, state unemployment benefits replaced on average about 38% of wages before dismissal. An extra $ 400 a week would put that wage replacement up to 86%.

The bill would also provide an additional $ 100 per week for certain self-employed workers. Employees are eligible if they earn at least $ 5,000 in net self-employment income and do not receive benefits through the Pandemic Unemployment Assistance program.

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