Enhanced unemployment benefits, which have been providing millions of Americans with an additional $300 a week on top of existing unemployment benefits have now officially ended.
As The Hill reports:
Over seven million people across the U.S. will lose their unemployment benefits beginning on Monday as pandemic safety nets expire.
The emergency federal jobless benefits are set to end on Labor Day, while another three million people will lose their additional $300 boost to state unemployment benefits, barring government intervention.
The White House has said that there are no plans to expand federal unemployment benefits any further, The Associated Press reported.
The Sept. 6 benefit cliff was part of a deal made in March to extend federal jobless aid from the $1.9 trillion COVID-19 relief bill. At the time, the economy seemed poised to make an enormous rebound as COVID-19 vaccines became more widely available and summer activities looked set to resume
The benefits have been blamed as potentially the primary reason for the ongoing worker shortage which has seen many small buisnesses forced to cut back hours of operation or close entirely due to lack of individuals willing to work.