Lost income

People who earn less than $60,000 per year and that includes 60% of the people who are laid off make more money being laid off than working. They receive one-half of their regular pay from the state and another $600 per week from the feds. This ends on July 31st but the democrats want to extend this to December 31st. For example, if you earn $500 per week and are laid off you get half of your salary which is $250 plus another $600 for a total of $850 which is $350 per week more than you make working. The fear is that people will not return to work. The law says that if your job opens up you must go back to work or forfeit your unemployment compensation. This is based on the honor system when answering questions and many people do not answer honestly and continue to collect. One compromise solution is to stop the unemployment at the end of July but offer $300 per to those who return to work until December 31. This will get people back to work and they will receive extra funds to help promote economic growth. Most feel the best solution is to just end this on July 31 as planned. A reasonable person might question why the excess funds over earnings was paid in the first place. If the idea was to keep people afloat then the extra from the feds would be to make up lost income not to increase income.