The $600 Cliff: What Happens to Your Unemployment Benefits and What to Do
The $600 weekly unemployment boost provided by the CARES Act is set to expire on July 31st, significantly reducing weekly payments for millions of Americans. While the House passed a bill to extend the bonus, the Senate is unlikely to approve it. With payments potentially dropping to state averages (ranging from $210 to $557) plus Pandemic Unemployment Assistance (half the state average), experts advise job seekers to proactively seek “bridge jobs” in growing sectors like shipping,
