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Extended unemployment benefits
These programs include Pandemic Unemployment Assistance for self-employed workers, labor and other workers who do not qualify for assistance at the state level; and pandemic emergency unemployment compensation, which pays extra weeks of state benefits to the long-term unemployed.
The account would offer PUA beneficiaries a maximum of 74 weeks of benefits, compared to 50. PEUC beneficiaries would receive up to 48 weeks instead of 24.
$ 400 extra per week
Beneficiaries of benefits would also receive an extra $ 400 per week until August 29.
State unemployment benefits replaced about 38% of wages prior to workers’ layoffs, on average, in the third quarter of last year, according to the Department of Labor. An extra $ 400 per week would increase the salary replacement to 86%.
The account would also provide an extra $ 100 a week for certain self-employed workers. Workers qualify for this if they earn at least $ 5,000 in net self-employment income and are not receiving benefits through the Pandemic Unemployment Assistance program.