Around 9m jobless in the US lost unemployment benefits on Monday

Author: Eamonn Sheridan | Category: News

Market Watch with some info on the expiry of benefits for 8.9m in the US.

Two critical programs expired on Monday. 
  • One provided jobless aid to self-employed and gig workers
  • another provided benefits to those who have been unemployed more than six months
  • Further, the Biden administration’s $300 weekly supplemental unemployment benefit also ran out on Monday
The impact of these ahead will likely be at least a loss of some spending that would otherwise be present. Something to be aware of ahead.

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