'Back-to-work' bonuses can't replace $600 boost in unemployment!
News by Editorial Team 15 Jul 2020
According to economists, the unemployment claim amid COVID-19 crisis was high yet much-needed. However, it should phase out gradually instead of just cutting it off. While the government’s expansion of unemployment benefits to encompass more out-of-work workers, helped millions of Americans who lost their jobs during the crisis, the additional benefits expires on 31 July, 2020. The lawmakers are wondering how to move forward considering the situation. While ‘back-to-work’ bonuses for those who find a job have been proposed, economists feel that it won’t be able to replace the boost of $600 in unemployment benefits.