For those who took the hit early, the first part of March, their Unemployment Cache is exhausted the last week in August. So, until we see some Federally funded extension 30 million unemployed Americans will lose their only sources of income starting this week - the last week in August 2019.
Fortunately I didn't get binned until April 1st and it took me weeks to actually get the crashed Illinois Department of Employment Security (IDES) to allow me to file a claim and get money rolling in again so I'm good until October with *just* enough biweekly income to keep my COBRA in effect and keep Health Insurance on the table!
But next week, millions are, literally, out of money and have nothing but promises of an alleged Federal Plan to extend compensation. Supposedly it's ready to go but has not hit the Process yet. Predictions?
Think we'll see any economic repercussions in the near few weeks because of this?
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30-04-2021, 09:53 AM #1
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Unemployment Compensation starts to run out this week.
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30-04-2021, 03:27 PM #2
I think a crisis is imminent.
The name’s JOE NYAGGAH. I am a tireless seeker of knowledge, occassional purveyor of wisdom and also, coincidentally, a graphic designer.
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In as circuitous a reason as a philosopher is wont to offer, my school of thought is reliant on schooling my thought – thoroughly, regularly; keeping abreast of design, branding, advertising trends and solutions.
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30-04-2021, 03:28 PM #3
I think the consequences will be unfavorable. I hope we can handle all of this.
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01-05-2021, 12:53 PM #4
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It has long been obvious to me that the state is in no hurry to protect its citizens when it comes to funding. Simply put, they don't care that you're suddenly unemployed. They understand that you are in a hopeless situation, so they know that you will endure any delays on their part. But you need to stand up in the face of the state. And get the federal services to do their job on time. In such cases, the legal service can help, which will work for you, and not for the state. When I encountered a similar one, I visited thorpehatcher.com. These guys helped me out and I no longer had to wait for months for compensation.
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