LOS ANGELES, CALIFORNIA – AUGUST 06: A ‘Now Hiring’ sign is posted at a 7-Eleven store on August 06, 2021 in Los Angeles, California. (Mario Tama/Getty Images)
Millions of Americans are set to lose their extra unemployment benefits next month. According to recent reports, 7.5 million workers will be cut off from the supplemental federal relief payments by Sept. 6. This includes the extra $300 per week on top of regular unemployment payments.
Businesses have complained about a lack of workers, despite the fact there are more than 9 million open jobs for around 5.5 million unemployed workers. Reports suggest there is little momentum for the White House to extend unemployment benefits beyond Labor Day.
.@PressSec Jen Psaki on economy: "We don't see any evidence in the available data that some states ending unemployment benefits early had any impact on today's incredibly strong numbers." pic.twitter.com/77kSchXKvd
— The Hill (@thehill) August 7, 2021
Source: One America News Network
