Economist: U.S. Workers, Economy Will Suffer With End Of Federal Pandemic Benefits
The $600 unemployment benefit set to expire this month helped keep families afloat, says Georgetown University's Indivar Dutta-Gupta. Without it, they face serious hardship, and the economy will slow.
Millions of American workers have been receiving $600 from the federal government each week during the pandemic in the form of unemployment assistance. But that's set to expire by the end of the month, leaving many in a high state of anxiety.
People are facing income losses of up to 70% without federal pandemic unemployment assistance, says Indivar Dutta-Gupta, co-executive director of Georgetown's Center
