News

Extra $300 unemployment update: Are more LWA benefits coming this week?

Bad news: Unemployed workers are on their own again, as the Lost Wages Assistance Program (LWA) authorized by President Trump in August is out of funding. Here’s the latest update on the extra unemployment benefits for this week:

WHAT’S GOING ON NOW?

At least nine states have finished paying out the $300 extra unemployment benefit, and a handful of others will finish this week or next, leaving unemployed people with no additional government aid in sight.

IS THIS A PROBLEM?

Yes. Just under 30 million people are currently receiving state or federal unemployment benefits, but such benefits are often not enough to live on. Big problem.

I HAVEN’T RECEIVED MY BENEFIT YET. HOW MUCH WILL I GET?

If you are eligible for the LWA benefit, you’ll likely receive $1,500 to $1,800, which is five to six weeks of payments. A few states, including West Virginia, Montana, and Kentucky, kicked in an extra $100 more per week, so people in those states will receive up to $2,400. Many states are still bogged down by technology delays and sluggish fraud prevention processes.

MORE

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s