The extra $600 per week for unemployment is scheduled to come to an abrupt end this week as many are still suffering from the Coronavirus pandemic.
Majority of the relief measures in the stimulus package passed in March are coming to an end soon and the CARES package is one of them.
The package is set to expire on July 31 but the last payout will be this week due to the fact that they only provide payment for weeks ending on Saturday or Sunday.
With the CARES package expiring soon it will leave 25 million people suffering, considering jobs aren’t hiring because of the sudden rise in positive Coronavirus cases.
Kali Grant, senior policy analyst at the Georgetown Center on Poverty & Inequality said “These emergency unemployment benefits have been propping up families and propping up the economy now for several months. Ending the benefits prematurely will really set back any economic recovery that may have been on the way.”
