$1000 NEXT MONTH?! Unemployment Extension NEW UPDATE $300 FPUC PUA Unemployment Benefits Stimulus

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$1000 NEXT MONTH?! Unemployment Extension NEW UPDATE $300 FPUC PUA Unemployment Benefits Stimulus

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It's finally Thursday, which means we’ve got to talk about the latest details on the US economy and unemployment numbers in this week’s jobs report from our friends over at the Department of Labor (DOL).

This week’s jobs report showed lukewarm news for the economy, as the actual unemployment figures were higher than last week, and underperformed the estimates of the economists from the DOW Jones.

The weekly report showed that 719,000 Americans filed their first-time unemployment claims, which is higher than the previous week’s 658,000 revised initial claims.

These numbers are also above the 675,000 first time claims predicted by economists, but are still much lower than the 800K-900K figures from a few months ago.

Ian Shepherdson, chief economist at Pantheon Macroeconomics, explained: “We expect a sustained sharp decline in the second quarter as the economy reopens, making it easier for businesses under financial stress to hold onto employees.”

I’d love to see consecutive weeks of decreasing initial unemployment claims.

Meanwhile, an assemblywoman from the great state of New York is fighting for unemployment claimants across the Empire State to keep funds disbursed on accident or erroneously.

Assemblywoman Latoya Joyner explained: “Hundreds of thousands of families struggled to pay their bills last year as our communities and New York’s unemployment rate jumped to over 16 percent.”

She continued: “Changes in the benefit system left many out-of-work New Yorkers not knowing exactly what they were eligible for and we need to protect those who received benefits without committing fraud.”

Joyner also stated: “We need to make sure that the thousands of financially hard-pressed and deserving families who received these earned benefits aren’t facing economic hardship through no fault of their own.”

I sure hope that these unemployment claimants are able to keep these benefits, as it’s not their fault that they got them in the first place.

Finally, we’ve got some further guidance from the IRS on when Americans that filed taxes prior to the American Rescue Plan can expect to receive their $10,200 unemployment tax credits.

They explained that some unemployment claimants could get their tax credit as soon as next month: “The first refunds are expected to be made in May and will continue into the summer.”

The IRS continued: “Because the change occurred after some people filed their taxes, the IRS will take steps in the spring and summer to make the appropriate change to their return, which may result in a refund.”

Hopefully everyone that filed taxes early will get their roughly $1,000 automatically refunded next month, but with the IRS, you never know how long anything is going to take.

If you still haven’t applied for unemployment assistance, apply today before your favorite baseball team takes the field.

Simply check out your state’s PUA or UI website, show them your employment history and identifying documents, and let them know that you’ve been out of work due to that thing out there, if that’s the case.

For honestly and truthfully answering all their questions, you could receive a backdated unemployment check for over $20,000.

To all of the gig-workers, self employed, independent contractors, 1099 workers, even side hustlers, volunteers and freelancers, the PUA will help you get these amazing government disaster relief funds that you deserve.

#unemployment #stimulus #pua


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