Welcome

Thousands of $600 Checks Never Made It to Unemployed Americans

July 27, 2020, 5:18 PM

With millions of Americans set to lose $600 a week in extra federal unemployment benefits -- an economic lifeline during the pandemic -- many thousands have yet to receive that money.

State unemployment agencies have been so swamped with claims that more than $100 billion of benefits owed still haven’t been paid, according to Bloomberg calculations based on Treasury and Labor Department data.

Those billions should eventually be distributed -- even if Congress doesn’t act to extend the benefits, set to expire on July 31. But the delays underscore the magnitude of the nation’s jobless crisis, as well as the ...

To read the full article log in.

Learn more about a Bloomberg Law subscription.