bank of america unemployment nj

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New $300 weekly federal unemployment benefits start to reach Americans in need

But many whose benefits ran out last year will have to wait for their payments to restart. And freelancers, independent contractors and certain people who can't work because of coronavirus restrictions will have to provide more proof of employment when filing new applications or continuing their claims.
The new congressional relief deal provides a $300 weekly federal enhancement in benefits through March 14. And it extends by 11 weeks the two pandemic programs that were created in the $2 trillion CARES Act in March and were set to expire at the end of 2020.
The Pandemic Unemployment Assistance program expanded jobless benefits to gig workers, freelancers, independent contractors, the self-employed and certain people affected by the coronavirus. The Pandemic Emergency Unemployment Compensation program provided an extra 13 weeks of payments to those who exhaust their regular state benefits.
Both programs will close to new applicants on March 14, but continue through April 5 for existing claimants who have not yet reached the maximum number of weeks.
The extension of benefits comes as the nation's jobs recovery has hit a wall. First-time unemployment claims soared last week, with 965,000 people filing for benefits, substantially higher than the week before. And the economy lost 140,000 jobs last month, the first monthly decline since April.
About half of states should be paying the $300 weekly boost by the end of this week, said Michele Evermore, senior policy analyst at the National Employment Law Project. That's in line with experts' projection that it would take two to three weeks for many state agencies to reprogram the new measures into their systems.
Several states, including New York and California, moved quickly to put parts of the new law in place. The California Employment Development Department, for instance, has paid a total of $434 million in enhanced federal payments to more than 1 million claimants, as of Tuesday.
In Georgia, nearly 167,000 out-of-work residents received their newly extended pandemic benefits and almost 300,000 jobless claimants got the extra $300, as of early January, the state agency said.
However, more than 239,000 Georgians who exhausted pandemic benefits on or before December 26 will have to wait a few more weeks to start the 11-week extension, though payments will be retroactive.
"We're pushing as quickly as we possibly can," said Kersha Cartwright, an agency spokeswoman.
In other states, unemployed residentshave yet to get the benefits in the relief package.
Laid-off Ohioans, for instance, can't submit either new Pandemic Unemployment Assistance applications or ongoing weekly claims at the moment. The state Department of Job and Family Services expects those who were already approved to be able to file by the third week of January. And it expects to start issuing the $300 benefit by then too.

New requirements for some filers

The latest relief package requires those seeking Pandemic Unemployment Assistance benefits to submit additional paperwork that substantiates that they had a job or were self-employed.
Last year, state agencies could simply accept attestations from claimants about their employment and income. But lawmakers tightened the rules partly because the program, which opened up the unemployment system to many Americans who had never been eligible, has been contending with widespread fraud.
The jobless who apply for Pandemic Unemployment Assistance benefits before January 31 and receive a payment on or after December 27 must provide documentation to their state agency within 90 days, according to the US Department of Labor. Those who file a new application on or after January 31 must submit the paperwork within 21 days.
Proof of employment could include paycheck stubs, W-2 tax forms or earnings statements, while proof of self-employment could include federal employer identification numbers, business licenses, tax returns or business receipts, the agency said.
Oregon, for instance, is still waiting for more information about the new required documentation, among other program changes. The state agency doesn't yet know when it will start sending payments to people with new pandemic unemployment claims or to those whose benefits ran out last year.
States have some flexibility in the documentation requirements and the deadlines, Evermore said. However, this could broaden the disparity between states, with some instituting strict guidelines and others less so.
In Georgia, the state agency is still determining the best way for jobless residents to fulfill the documentation requirements, Cartwright said. The new rules place a big burden on state agencies to both collect and verify the paperwork, she said.
"It will slow everything down for everyone," Evermore said.
Источник: https://www.cnn.com/2021/01/14/politics/300-unemployment-benefit-congress/index.html

$300 Unemployment Bonus: How Much Could You Receive In Your State?

Normally yes. Unemployment benefits are considered taxable income by the Internal Revenue Service (IRS). That means unemployment benefits are always subject to federal taxes, but state taxes on the benefits vary depending on the state where you live. 

 

However, as part of the stimulus package, the federal government is forgiving taxes on up to $10,200 of unemployment benefits earned in 2020 for individuals earning less than $150,000. 

 

If you already filed your 2020 taxes, you don’t need to amend your return. The IRS is adjusting qualifying returns automatically in two phases. Nearly three million refunds were sent the week of June 7, and another batch of refunds is expected to be distributed later in June. The IRS will send a mailed letter to anyone whose return has been adjusted.

 

If you haven’t yet filed your 2020 tax return, If you filed for benefits in 2020, your state should mail you Form 1099-G, Certain Government Payment, which will include your total unemployment compensation received during the year. You’ll use this form to determine how much to adjust your tax return calculations in order to get the tax break.  

 

Any unemployment benefits you receive in 2021 are still subject to income tax.

 

Read more: IRS To Start Automatically Adjusting Tax Returns For Those Who Qualify For Unemployment Tax Break

If you’re receiving unemployment benefits now and want to avoid paying taxes as a lump sum when you file your 2021 tax return, fill out a Form W-4V with your state employment agency. On this form, you can request to have a flat 10% withheld from your unemployment compensation. While that will cover many people’s tax obligations, depending on your total income, you may need to pay more than 10%

Источник: https://www.forbes.com/advisor/personal-finance/300-unemployment-calculator-by-state/

Unemployment claimants question debit card security after benefits were stolen

BALTIMORE — Maryland unemployment insurance claimants are questioning the security of their debit cards after losing benefits to ATM scammers.

Tyler Bohanan recently tried to withdraw money from her Maryland Unemployment Insurance Bank of America debit card, but received a message that there were insufficient funds.

“I checked the website and saw someone withdrew $1,000 from my account. I’ve never left my card in anyone else’s possession. I’ve never used it outside of just going to the bank’s ATM locations. I’ve never used it outside of those two locations, and I was able to see that they went across town and somehow withdrew the money from a bank I’ve never even been to,” said Bohanan.

Jysseka Campbell-George also noticed her funds had been depleted.

“The customer service representative with the Maryland Bank of America unemployment card stated that someone in Florida was able to extract cash from an ATM in Florida and we have not gone to Florida at all,” said Campbell-George.

Cynthia Tully usually withdraws her benefits as soon as they post to her account, but she didn’t get around to it until 9 p.m.

“When I got there, it said I didn’t have enough funds and it printed out my receipt with $6.23,” said Tully. “Looking at the transactions, you could see a cash ATM withdrawal from Virginia. So I started looking further, and there were balance inquiries every payday for the last almost three months from all over the east coast. A lot from Virginia, New Jersey, North Carolina.”

These claimants didn’t lose their cards and said they only used them at Bank of America branches.

“I’ve never used that card. I’ve never made online purchases with it, it’s been in my wallet, I go to my local Bank of America ATM that’s it,” said Tully.

And it's money these claimants can't afford to lose.

“I was furloughed in March and my husband was just finishing up school, so he wasn’t working as well. We’re a family of five and neither one of us were working, so to pay bills we have to be very strategic on how we spend money,” said Campbell-George.

Bohanan was reserving money in her account to pay taxes on her benefits.

“They took the money I have to give to the IRS, they’re putting me in a pinch right now. I have two kids. I don’t want to owe any money in 2021 and I’m already having to deal with unemployment and raise two kids,” said Bohanan.

Tully said she relied on her benefits to support her family.

“$260 doesn’t seem like a lot, but that’s what I live off every week. Single mom, two kids that’s it for right now,” said Tully.

The claimants reported the fraud to Bank of America and were sent new cards, but didn’t receive explanations on how their accounts were compromised.

Fraud has been a major issue for many states as they rushed to implement new unemployment insurance programs under the CARES Act.

In July, the Maryland Department of Labor uncovered a massive and sophisticated criminal enterprise involving 47,500 fraudulent unemployment claims using identity theft totaling over $501 million.

RELATED:Massive COVID-19 related unemployment fraud discovered in Maryland

The department froze thousands of accounts and required claimants to provide documents confirming their identities.

READ MORE:Hundreds of legitimate claims frozen in unemployment fraud investigation

However, this appears to be a different kind of fraud. Claimants believe their debit cards were somehow cloned.

Skimmers may be the culprit. Thieves attach card readers to payment terminals such as gas pumps and ATMs. The device copies the data and small pinhole cameras record customers inputting their pins. The person then clones the card and uses it as their own.

“You know, not many people have had this happen and it’s so many of us,” said Tully.

Tully wants to know why this type of fraud has become a common complaint among unemployment claimants. A recent post about debit card fraud in an unemployment Facebook support group had more than 60 comments with many members sharing similar experiences.

WMAR-2 News Mallory Sofastaii asked Bank of America if the fraud had something to do with chip technology, an enhanced security measure not offered with unemployment insurance debit cards.

A Bank of America spokeswoman wrote: “We are in continual discussions with our clients about options for our Card technology, including the addition of chip.”

She added that Bank of America takes all reports of fraud very seriously and claimants should contact Bank of America (using the number on the back of their card) to report unauthorized or disputed transaction claims.

Sofastaii also asked the Maryland Department of Labor why chip card technology isn’t offered to claimants. She’s waiting for a response.

In the meantime, these claimants are no longer keeping balances on their card.

“What we have done is when we do know that money has been funded to the card, we immediately go to the bank and take it out because at this rate the card is unpredictable,” said Campbell-George.

“I’m hurt that people are even trying to take advantage of us in this time of need. All of us, we’ve either partly lost our jobs or fully lost our jobs. How can they take advantage of us at this time?,” asked Bohanan.

Bank of America reimbursed Campbell-George. A representative said Bohanan’s and Tully’s claims are still under investigation.

Источник: https://www.wmar2news.com/matterformallory/unemployment-claimants-question-debit-card-security-after-benefits-were-stolen

Justice News

NEWARK, N.J. – A Newark man made his initial appearance today on charges of engaging in fraud by illegally obtaining unemployment insurance benefits, U.S. Attorney Craig Carpenito announced today.

Jefferson Robert, 30, was arrested on Oct. 20, 2020, by inspectors of the U.S. Postal Inspection Service and special agents of the U.S. Department of Labor, Office of Inspector General, and the FBI. He is charged by complaint with one count of wire fraud and appeared by videoconference for his initial appearance today before U.S. Magistrate Judge James B. Clark III.

According to documents filed in this case and statements made in court:

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law. The CARES Act created a new temporary federal unemployment insurance program called Pandemic Unemployment Assistance (PUA), which provided unemployment insurance benefits for individuals who were not eligible for other types of unemployment (e.g., self-employed, independent contractors, gig economy workers). The CARES Act also created a new temporary federal program called Federal Pandemic Unemployment Assistance (FPUC) that provided an additional $600 weekly benefit to those eligible for PUA and regular unemployment insurance benefits.  The Washington State Employment Security Department (ESD) administered and managed the regular unemployment and PUA programs in the State of Washington.

On Aug. 6, 2019, Robert opened a bank account at Bank 1 in the name of “Johny Eto” using a fake United Kingdom passport. On May 8, 2020, an application was made to ESD for unemployment benefits in the name of an individual (Victim 1) using Victim 1’s personal identification information. On May 12, 2020, pursuant to instructions by the individual purporting to be Victim 1, the State of Washington sent a wire transfer into a bank account in the amount of $7,930.

This bank account received additional funds from a Business Enterprise Compromise scheme as well as IRS payments resulting from fraudulent activity. Between March 11, 2020, and May 1, 2020, a debit card associated with the bank account was used to purchase approximately 57 U.S. Postal Service money orders totaling $52,000. The “from” information on most of the money orders listed the name “Jefferson Robert” and an address in Newark. Records from New Jersey Motor Vehicle Commission reflect that Robert provided that address when obtaining a driver’s license.

Robert also used the fraudulent UK passport to open bank accounts at three other banks. These accounts were all frozen or closed due to suspicious activity. For example, on Sept. 19, 2019, a check payable to “Johny Eto” in the amount of $27,400 was deposited into one of those bank accounts. The check was drawn on an account in the name of an individual, who stated that he  did not open the account and does not know either Johny Eto or Robert.

Robert and his conspirators caused losses of more than $500,000.

U.S. Attorney Carpenito credited inspectors of the United States Postal Inspection Service, under the direction of Acting Inspector in Charge Raimundo Marrero, in Newark; special agents of the U.S. Department of Labor, Office of Inspector General, under the direction of Special Agent in Charge Michael C. Mikulka, in New York, and special agents of the FBI, under the direction of Special Agent in Charge George M. Crouch Jr., in Newark, with the investigation leading to today’s arrest.

The government is represented by Assistant U.S. Attorney Andrew Kogan of the U.S. Attorney’s Office Cybercrime Unit in Newark.

Please report COVID-19 fraud, hoarding or price-gouging to the National Center for Disaster Fraud’s National Hotline at (866) 720-5721, or e-mail: [email protected]

The charge and allegations contained in the complaint are merely accusations and the defendant is considered innocent unless and until proven guilty.

Источник: https://www.justice.gov/usao-nj/pr/new-jersey-man-charged-fraudulently-obtaining-unemployment-insurance-benefits

Report Unemployment Identity Theft

en español

States have experienced a surge in fraudulent unemployment claims filed by organized crime rings using stolen identities that were accessed or purchased from past data breaches, the majority of which occurred in previous years and involved larger criminal efforts unrelated to unemployment. Criminals are using these stolen identities to fraudulently collect benefits across multiple states.

For information and reporting other types of unemployment fraud, including claimant fraud or employer fraud, visit our Report Unemployment Fraud page.

Signs that you may be a victim of unemployment identity theft

Most victims of unemployment identity theft are unaware that claims have been filed and/or that benefits have been collected using their identities. Many people only find out unemployment identity theft occurred when they receive something in the mail, such as a payment or state issued 1099-G tax form that’s incorrect or for benefits not received.

Sample form from the IRS.gov website: IRS form Certain Government Payments 1099-G

You may be a victim of unemployment identity theft if you received:

  • Mail from a government agency about an unemployment claim or payment and you did not recently file for unemployment benefits. This includes unexpected payments or debit cards and could be from any state.
  • A 1099-G tax form reflecting unemployment benefits you weren't expecting. Box 1 on this form may show unemployment benefits you did not receive or an amount that exceeds your records for the unemployment benefits you did receive. The form itself may be from a state in which you do not live or did not file for benefits.
  • While you are still employed, a notice from your employer indicating that your employer received a request for information about an unemployment claim in your name.

Reporting unemployment identity theft

  1. Report unemployment identity theft to the state where it occurred. Use the State Directory for Reporting Unemployment Identity Theft, below, to report it to the state.
    • You may not receive an immediate confirmation from the state when you submit a report. Time estimates for how long this process takes vary by state.
    • The state may require additional documentation (like filing a police report or a sworn affidavit) in order to open an investigation; they will review your case and make a determination. Each state has different requirements and a different process for investigating identity theft.
    • If you received a 1099-G tax form for benefits you didn’t receive, the state will need to issue you a corrected 1099-G tax form and will update the tax record with the IRS on your behalf.
  2. When you file your income taxes, ONLY include income you actually received. Do not wait to receive a corrected 1099-G to file your taxes.
    • The processing of your tax return should not be delayed while your report of unemployment identity theft is under investigation.
    • If you have not filed your taxes yet, do not report the incorrect 1099-G income on your tax return.
    • If you have already filed your taxes, do not file an amended return. The IRS will issue additional guidance regarding your next steps. Refer to the Identity Theft and Unemployment Benefits page on IRS.gov for updates and additional tax filing information.
  3. Check your credit report for suspicious activity or unauthorized lines of credit opened. You can request free credit reports every week from each of the three credit bureaus (Equifax, Experian, Transunion) through AnnualCreditReport.com or call 1- 877-322-8228; you will need to provide your name, address, social security number, and date of birth to verify your identity.
    • Consider freezing your credit. It’s the best way you can protect against having new accounts opened in your name. Visit the Credit Freeze page on the Federal Trade Commission (FTC) website.
  4. Report unemployment identity theft that occurred during the COVID-19 pandemic to the U.S. Department of Justice’s National Center for Disaster Fraud. In addition to reporting with the state, reporting with the National Center for Disaster Fraud helps law enforcement stop future unemployment identity theft. Filing this report with the National Center for Disaster Fraud will also notify the U.S. Department of Labor’s Office of Inspector General, which is the primary agency responsible for investigating unemployment fraud. You may not receive a response back after submitting this information.

State Directory for Reporting Unemployment Identity Theft

Refer to each state's specific guidance around reporting unemployment identity theft. Some states may refer to unemployment as "reemployment assistance" or may refer to identity theft as "imposter fraud".

Never send personal information or documents to unverified sites or in response to requests from social media. The resources below have been verified by state and federal government.

For technical issues with this website, accessibility problems, or to report non-working phone numbers or broken website links in the State Directory, please contact: [email protected]

Источник: https://www.dol.gov/agencies/eta/UIIDtheft
bank of america unemployment nj

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Unemployed Californians, Lawmakers Beg Bank Of America For More Assistance In Wake Of Massive Fraud

$300 Unemployment Bonus: North rockland central school district Much Could You Receive In Your State?

Normally yes. Unemployment benefits are considered taxable income by the Internal Revenue Service (IRS). That means unemployment benefits are always subject to federal taxes, but state taxes on the benefits vary depending on the state where you live. 

 

However, as part of the stimulus package, the federal government is forgiving taxes on up to $10,200 of unemployment benefits earned in 2020 for individuals earning less than $150,000. 

 

If you already filed your 2020 taxes, you don’t need to amend your return. The IRS is adjusting qualifying returns automatically in two phases. Nearly three million refunds were sent the week of June 7, and another batch of refunds is expected to be distributed later in June. The IRS will send a mailed letter to anyone whose return has been adjusted.

 

If you haven’t yet filed your 2020 tax return, If you filed for benefits in 2020, your state should mail you Form 1099-G, Certain Government Payment, which will include your total unemployment compensation received during the year. You’ll use this form to determine how much to adjust your tax return calculations in order to get the tax break.  

 

Any unemployment benefits you receive in 2021 are still subject to income tax.

 

Read more: IRS To Start Automatically Adjusting Tax Returns For Those Who Qualify For Unemployment Tax Break

If you’re receiving unemployment benefits now and want to avoid paying taxes as a lump sum when you file your 2021 tax return, fill out a Form W-4V with your state employment agency. On this form, you can request to have a flat 10% withheld from your unemployment compensation. While that will cover many people’s tax obligations, depending on your total income, you may need to pay more than 10%

Источник: https://www.forbes.com/advisor/personal-finance/300-unemployment-calculator-by-state/

New $300 weekly federal unemployment benefits start to reach Americans in need

But many whose benefits ran out last year will have to wait for their payments to restart. And freelancers, independent contractors and certain people who can't work because of coronavirus restrictions will have to provide more proof of employment when filing new applications or continuing their claims.
The new congressional relief deal provides a $300 weekly federal enhancement in benefits through March 14. And it extends by 11 weeks the two pandemic programs that were created in the $2 trillion CARES Act in March and were set to expire at the end of 2020.
The Pandemic Unemployment Assistance program expanded jobless benefits to gig workers, freelancers, independent contractors, the self-employed and certain people affected by the coronavirus. The Pandemic Emergency Unemployment Compensation program provided an extra 13 weeks of payments to those who exhaust their regular state benefits.
Both programs will close to new applicants on March 14, but continue through April 5 for existing claimants who have not yet reached the maximum number of weeks.
The extension of benefits comes as the nation's jobs recovery has hit a wall. First-time unemployment claims soared last week, with 965,000 www prudential com online retirement com filing for benefits, substantially higher than the week before. And the economy lost 140,000 jobs last month, the first monthly decline since April.
About half of states should be paying the $300 weekly boost by the end of this week, said Michele Evermore, senior policy analyst at bank of america unemployment nj National Employment Law Project. That's in line with experts' projection that it would take two to three weeks for many state agencies to reprogram the new measures into their systems.
Several states, including New York and California, bank of america unemployment nj quickly to put parts of the new law in place. The California Employment Development Department, for instance, has paid a total of $434 million in enhanced federal payments to more than 1 million claimants, as of Tuesday.
In Georgia, nearly 167,000 out-of-work residents received their newly extended pandemic benefits and almost 300,000 jobless claimants got the extra $300, as of early January, the state agency said.
However, more than 239,000 Georgians who exhausted pandemic benefits on or before December 26 will have to wait a few more weeks to start the 11-week extension, though payments will be retroactive.
"We're pushing as quickly as we possibly can," said Kersha Cartwright, an agency spokeswoman.
In other states, unemployed residentshave yet to get the benefits in the relief package.
Laid-off Ohioans, for instance, can't submit either new Pandemic Unemployment Assistance applications or ongoing weekly claims at the moment. The state Department of Job and Family Services expects those who were already approved to be able to file by the third week of January. And it expects to start issuing the $300 benefit by then too.

New requirements for some filers

The latest relief package requires those seeking Pandemic Unemployment Assistance benefits to submit additional paperwork that substantiates that they had a job or were self-employed.
Last year, state agencies could simply accept attestations from claimants about their employment and income. But lawmakers tightened the rules partly because the program, which opened up the unemployment system to many Americans who had never been eligible, has been contending with widespread fraud.
The jobless who apply for Pandemic Unemployment Assistance benefits before January 31 and receive a payment on or after December 27 must provide documentation to their state agency within 90 days, according to the US Department of Labor. Those who file a new application on or after January 31 must submit the paperwork within 21 days.
Proof of employment great west trust include paycheck stubs, W-2 tax forms or earnings statements, while proof of self-employment could include federal employer identification numbers, business licenses, tax returns or business receipts, the agency said.
Oregon, for instance, is still waiting for more information about the new required documentation, among other program changes. The state agency doesn't yet know when it will start sending payments to people with new pandemic unemployment claims or to those whose benefits ran out last year.
States have some flexibility in the documentation requirements and the deadlines, Evermore said. Bank of america unemployment nj, this could broaden the disparity between states, with some instituting strict guidelines and others less so.
In Georgia, the state agency is still determining the best way for jobless residents to fulfill the documentation requirements, Cartwright said. The new rules place a big burden on state agencies to both collect and verify the paperwork, she said.
"It will slow everything down for everyone," Evermore said.
Источник: https://www.cnn.com/2021/01/14/politics/300-unemployment-benefit-congress/index.html

Justice News

NEWARK, N.J. – A Newark man made his initial appearance today on charges of engaging in fraud by illegally obtaining unemployment insurance benefits, U.S. Attorney Craig Carpenito announced today.

Jefferson Robert, 30, was arrested on Oct. 20, 2020, by inspectors of the Bank of america unemployment nj. Postal Inspection Service and special agents of the U.S. Department of Labor, Office of Inspector General, and the FBI. He is charged by complaint with one count of wire fraud and appeared by videoconference for his initial appearance today before U.S. Magistrate Judge James B. Clark III.

According to documents filed in this case and statements made in court:

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law. The CARES Act created a new temporary federal unemployment insurance program called Pandemic Unemployment Assistance (PUA), which provided unemployment insurance benefits for individuals who were not eligible for other types of unemployment (e.g., self-employed, independent contractors, gig economy workers). The CARES Act also created a new temporary federal program called Federal Pandemic Unemployment Assistance (FPUC) that provided an additional $600 weekly benefit to those eligible for PUA and regular unemployment insurance benefits.  The Washington State Employment Security Department (ESD) administered and managed the regular unemployment and PUA programs in the State of Washington.

On Aug. 6, 2019, Robert opened a bank account at Bank 1 in the name of “Johny Eto” using a fake United Kingdom passport. On May 8, 2020, an application was made to ESD for unemployment benefits in the name of an individual (Victim 1) using Victim 1’s personal identification information. On May 12, 2020, pursuant to instructions by the individual purporting to be Victim 1, the State of Washington sent a wire transfer into a bank account in the amount of $7,930.

This bank account received additional funds from a Business Enterprise Compromise scheme as well as IRS payments resulting from fraudulent activity. Between March 11, 2020, and May 1, 2020, a debit card associated with the bank account was used to purchase approximately 57 U.S. Postal Service money orders totaling $52,000. The “from” information on most of the money orders listed the name “Jefferson Robert” and an address in Newark. Records from New Jersey Motor Vehicle Commission reflect that Robert provided that address when obtaining a driver’s license.

Robert also used the fraudulent UK passport to open bank accounts at three other banks. These accounts were all frozen or closed due to suspicious activity. For example, on Sept. 19, 2019, a check payable to “Johny Eto” in the amount of $27,400 was deposited into one of those bank accounts. The check was drawn on an account in the name of an individual, who stated that he  did not open the account and does not know either Johny Eto or Robert.

Robert and his conspirators caused losses of more than $500,000.

U.S. Attorney Carpenito credited inspectors of the United States Postal Inspection Service, under the direction of Acting Inspector in Charge Raimundo Marrero, in Newark; special agents of the U.S. Department of Labor, Office of Inspector General, under the direction of Special Agent in Charge Michael C. Mikulka, in New York, and special agents of the FBI, under the direction of Special Agent in Charge George M. Crouch Jr., in Newark, with the investigation leading to today’s arrest.

The government is represented by Assistant U.S. Attorney Andrew Kogan of the U.S. Attorney’s Office Cybercrime Unit in Newark.

Please report COVID-19 fraud, hoarding or price-gouging to the National Center for Disaster Fraud’s National Hotline at (866) 720-5721, or e-mail: [email protected]

The charge and allegations contained in the complaint are merely accusations and the defendant is considered innocent unless and until proven guilty.

Источник: https://www.justice.gov/usao-nj/pr/new-jersey-man-charged-fraudulently-obtaining-unemployment-insurance-benefits

The COVID-19 pandemic unleashed an unprecedented wave of unemployment impacting a wide variety of Americans, from those who lost jobs when small retail businesses closed in the wake of necessary restrictions to caregivers forced to quit work when their children’s school switched to virtual learning. Starting with the CARES Act, the U.S. government took bold policy actions so that workers impacted by this epochal pandemic would not suffer long-term economic damage.

In particular, regarding unemployment insurance, the federal government initiated three major programs:

  • Pandemic Unemployment Assistance (PUA), which allows traditionally ineligible workers (including gig workers) and others who lost work due to COVID-19 to receive aid.
  • Federal Pandemic Unemployment Compensation (FPUC), which provided $600 per week at first, and later $300 per week, to supplement the meager unemployment benefits amount provided by states—$334 per week on average—when the pandemic-induced jobs crisis erupted in spring 2020.
  • Pandemic Extended Unemployment Compensation (PEUC), which grants additional weeks of benefits to those who are still jobless when they exhaust their state benefits (which typically last twenty-six weeks).

Congress supported several other critical programs, including Mixed Earners Unemployment Compensation ($100 per week extra for those workers whose labor was split between being an employee and being an independent contractor), and 100 percent federal funding for expansion of the existing Federal–State Extended Benefits (EB) program (an extra thirteen to twenty weeks of benefits in high unemployment states) and for work-sharing benefits (partial benefits for those workers who were kept on part-time by their employer).

Passed in the middle of March, the American Rescue Plan Act (ARPA) continued all of these critical programs.

  • The maximum duration of PEUC benefits have been increased from twenty-four to fifty-three weeks.
  • The maximum duration bank of america unemployment nj PUA benefits were increased from fifty to seventy-nine weeks. Those in high unemployment states could receive up to eighty-six weeks of benefits.
  • The what is the atm deposit limit for bank of america in additional FPUC benefits to all of those on unemployment also remained in place.

Taken together, these programs have delivered nearly $800 billion in assistance to families over the course of the pandemic. But this aid will soon abruptly come to an end. Under current legislation, FPUC, PEUC, and PUA benefits can be paid through the week ending September 5, 2021, but after that, all of this federal assistance will be cut off on September 6, with no grace period. Furthermore, in an unprecedented turn of events, twenty-six states announced that they would end these 100 percent federally paid benefits early. This controversial move—already ruled to be in violation of state law in three states (Arkansas, Indiana, and Maryland) and subject to ongoing litigation in other states—has somewhat distracted the nation’s attention from the far larger impact of the looming benefits cliff coming in September, which will affect all states, including the nation’s largest, where the pandemic has had the most sizable impact on the labor market. With the U.S. economy still short 6.5 million jobs as of the end of June 2021, the end of the pandemic unemployment benefits will be an abrupt jolt to millions of Americans who won’t find a job in time for this arbitrary end to assistance.

Who Will Be Hurt Most by the September 6 Cutoff of Federal Pandemic Unemployment Benefits?

The U.S. economy is recovering from the deep wound of the pandemic jobs crisis, but millions of workers are still unemployed. Furthermore the impact of the jobs crisis has hit American workers unevenly, with some social and geographic sectors hit harder than others. Because unemployment benefit levels vary greatly from state to state, the ending of federal benefits will have a far greater impact where traditional state benefit levels are the lowest.

7.5 Million Workers Will Lose All Benefits on Labor Day, September 6, 2021

As of the week of July 10, there were a total of 9.3 million Americans relying on one of the two main pandemic unemployment programs (5.1 million on PUA and 4.1 million on PEUC). As the recovery has moved forward, this total has declined steeply from 13.8 million at the end of February, and that decline is predicted to continue through the rest of the summer. Map 1 present (and Appendix Table 1) provide bank of america unemployment nj of how many of these workers will remain unemployed as of September 6 when the benefits will no longer be available. These estimates are based on the flows on these programs, current caseloads, and the rate in which workers have been estimated to have been exiting the programs.

Based on rates of reemployment and when workers entered the program, our model predicts that there will be 7.5 million workers on these two programs when they come to an end. This includes:

  • 4.2 million workers on the PUA program. By definition, these workers are not eligible for any form of fhb hawaii login and state unemployment compensation, including many self-employed individuals and gig workers—and thus will be out of options once the PUA program ends. The largest group is in California (more than 1 million workers), but there are more than 150,000 individuals impacted as well in the states of Indiana, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, and Pennsylvania.
  • 3.3 million workers who would lose benefits being provided through the PEUC program.California is again the largest impacted (900,000), but the states of Florida, Illinois, Massachusetts, Michigan, New Jersey, New York, and Pennsylvania also each have 125,000 workers subject to an abrupt loss of benefits. A share of workers on PEUC will be able to go back on traditional state unemployment benefits, but at a lower rate than before, if they have worked intermittently since they were first laid off in 2020.

Throughout the pandemic, workers exhausting PEUC benefits have been eligible for the Federal–State Extended Benefit program, which provides an additional thirteen to twenty weeks of benefits, but this program will be largely out of reach for jobless workers after September 6, 2021. While there are ten high-unemployment states currently eligible for this program, six of those ten states are participating only on the condition of receiving 100 percent federal funding. As of September 6, we predict that only Alaska, Connecticut, New Jersey, and New Mexico will be able to transition exhausting PEUC recipients onto EB, but with 50 percent state funding. Even in these states, not all workers exhausting PEUC in September will be able to go on to EB because some on PEUC now have already received EB earlier in the pandemic.

Map 1
Source: TCF analysis of U.S. Department of Labor data.

Workers of Color Will Suffer Most From the Cutoff of Unemployment Benefits

Workers of color, concentrated in frontline industries, bore the brunt of the COVID-19 labor market crisis and are still suffering the most. The current unemployment rate for Black workers is 9.2 percent—a rate that would likely be declared a national emergency if it were impacting the entire population.

figure 1

Moreover, the policymakers have an opportunity to bank of america suite busch stadium from the mistakes of the Great Recession, above all cutting off federal support too early in the recovery. In 2013, when aid to the long-term unemployed was cut off, the Black unemployment rate was well over 10 percent and the national rate was elevated too. The long, slow recovery was particularly painful for Black workers. Right before the COVID-19 crisis, the gap between Black unemployment and overall U.S. unemployment had narrowed substantially. (See Figure 1.) A fast recovery—supported by continued fiscal support—would bring us back to that more inclusive labor market sooner than after the Great Recession.

We are far from an inclusive labor market today. The Black unemployment rate has remained nearly twice as high as the white unemployment rate of 5.2 percent. Asian workers (5.8 percent) and Latinx workers (7.4 percent) also remain out of work at higher levels than white workers. While data on the racial background of workers on unemployment is limited, available data indicate that an average of 18.3 percent of those who turned to their states for unemployment benefits during the pandemic were Black, compared to 12.3 percent of the pre-pandemic workforce in the states. There are more Black workers on benefits despite the fact that they were more likely to be denied assistance than white workers—so the disparity in need is even greater than these statistics indicate. As pointed out by Dr. Bill Spriggs in the New York Times, the delay in hiring is not an issue of education (white high school dropouts have fared better in the recovery than Black workers with an associates degree) or active searching for work, but rather the continued reality that Black workers are typically first fired and last hired. The end of pandemic unemployment benefits means that these workers won’t have access to financial assistance to carry them through a longer road to reemployment than white workers are receiving.

Women and Other Caregivers Will Lose Crucial Support Getting Back to Work

For the first time ever, Congress took dramatic action to ensure that caregivers who lost jobs during the pandemic due to their responsibilities taking care of children or family members ill with COVID-19 would receive assistance. Because of these challenges, there are still 1.79 million women who have dropped out of the labor force during the pandemic. Because they were not laid off, these workers are not eligible for traditional state unemployment benefits, but can receive federal PUA. With access to PUA gone, these workers will have no aid as they search for work.

1.2 Million Additional Workers Will Lose Benefits in States that Cut Programs Early

Millions of additional workers will be impacted by the ending of pandemic unemployment benefits. Nineteen states have already cut off PUA and PEUC. (See Table 1.) A total of twenty-six states moved to end at least one of the pandemic unemployment programs, but state judges reversed the decision in Indiana, Maryland, and Arkansas, and Alaska, Arizona, Florida, and Ohio remained in the PUA and PEUC programs. While the list includes many of the smaller states in the Midwest and Mountain West, our model estimates there will be 1.25 million workers cut from assistance in these states and who will have not found a job as of September 6. (This total is in addition to the 7.5 million mentioned above.) Moreover, the plight of these workers exposes the flaws of delivering federal unemployment aid through a system that depends on state discretion. As decisions in the flurry of lawsuits following the announcement of state cuts show, the governors in these states are having trouble following their own state laws when it comes to unemployment. Future federal unemployment reform should make participation in federal extended and enhanced benefits a requirement on par with other requirements outlined in the Social Security Act and Federal Unemployment Tax Act.

Table 1
Workers Still Unemployed in States Cutting All Federal Unemployment Benefits Early
State Cutting Off Benefits EarlyDate Cut OffStill Unemployed as of September 6
AlabamaJune 1944,095
GeorgiaJune 2690,455
IdahoJune 195,965
IowaJune 1222,290
LouisianaJuly 31159,687
MississippiJune 1233,707
MissouriJune 1264,793
MontanaJune 2615,145
NebraskaJune 195,815
New HampshireJune 198,305
North DakotaJune 195,934
OklahomaJune 2629,937
South CarolinaJune 2676,463
South DakotaJune 261,155
TennesseeJuly 377,792
TexasJune 26579,821
UtahJune 269,465
West VirginiaJune 1917,071
WyomingJune 193,673
Total1,251,568
Source: Century Foundation analysis of U.S. Department of Labor data.

Lastly, there are still more than 3 million workers receiving the $300 boost to their state unemployment benefits through FPUC. The end of this aid will quickly reduce the economic value of unemployment benefits. If 3 million workers per week were to eventually lose the $300, this will remove over $3.5 billion in purchasing power from the economy each month. In California, the boost from the $300 FPUC payments has increased the wage replacement provided by state unemployment insurance benefits from 34 percent to 67 percent. The effectiveness of FPUC in supporting state and local economies points to a very real problem that needs to be solved—the low level of state unemployment benefits that necessitated FPUC in the first place. Senators Ron Wyden (D-OR) and Michael Bennet (D-CO) released a discussion draft that proposed a permanent replacement rate of 75 percent for unemployment benefits, in every state and with no ability for states to opt out. This is the kind of reform that is needed.

Governors in the states that cut off unemployment early argued that the jobless benefits were keeping people from returning to work and had led to labor shortages in their states. The unemployment rates in the initial states that announced an early end to benefits was notably below the national average. However, better “economic conditions” did not broadly justify ending federal programs early. In fact, six of the states had unemployment rates in June above the national average, and another four were at or above 5 percent unemployment. (See Figure 2.)

figure 2

Moreover, Texas, Florida, and Ohio—the three largest states in the group—are among those with elevated unemployment rates. Politics, not economics, drove the attack on unemployment insurance.

The Benefit Cutoff Is Coming Too Early

Senator Wyden, chair of the Senate Finance Committee, has spoken out in favor of tying the continued delivery of “pandemic unemployment benefits to economic conditions.” When it comes to economic conditions, there are numerous data points that support the argument for continued unemployment benefits. The unemployment rate is at 5.9 percent—still 1.7 times higher than the unemployment rate before the pandemic, 3.5 percent in February 2020. Furthermore, the situation is far worse than the current unemployment rate reveals: 42 percent of unemployed workers have been out of work for six months or more, compared to 19.3 percent in February 2020—a level that matches the very worst period of the Great Recession in 2011. While there are 9.5 million Americans officially unemployed, the Economic Policy Institute finds that there are another 10.4 million workers still suffering from the unemployment downturn as of June including 4.4 million individuals who have dropped out of the labor force altogether.

The current elevated level of unemployment claims provide the most compelling evidence of why today’s economic conditions require continued federal unemployment benefits. Figure 3 compares the number of workers projected to be cut off from federal unemployment benefits in September to the previous two times when Congress let extensions expire. In December 2013, there were just 1.3 million workers remaining on Emergency Unemployment Compensation—one sixth of the current total of workers impacted by the looming cutoff of PEUC and PUA. The EUC program was subject is grated parmesan cheese bad for you the same withering criticism that it was “paying people not to work,” because it offered ninety-nine weeks of benefits. Yet, Congress passed a bipartisan extension of these programs in December 2012, when there were only 2.1 million workers on the program—far fewer than will be cut off this coming Labor Day. Similarly, President George W. Bush averted suffering in the far milder recession that started in 2001 by signing a law putting in place the continuation of Temporary Extended Unemployment Compensation when there were only 777,000 workers remaining on benefits in December 2002 and there were still just 820,000 on benefits when was phased out in December walmart money card account login. The stark gap between the current situation and these recent historical examples makes the current silence of federal policymakers difficult to understand.

Figure 3

Unemployment Benefits Are Not Holding Back the Labor Market Recovery

Concerns about the negative impact of unemployment benefits on unemployed workers’ motivation to find jobs have been a feature of policy debates for decades, with conservatives routinely complaining that unemployment benefits are paying people to not work. These longstanding arguments have come into the forefront as the opening of state economies and the progress in the vaccination program have led to a major increase in the number of job openings nationwide, and the U.S. Chamber of Commerce called for an end to enhanced unemployment benefits due to the relatively slow April jobs report.

Concerns about a Drag on Job Seeking Have Been Largely Exaggerated

Job growth has bounced back tremendously, with the economy adding 850,000 jobs in June, which was the best report since last August and stood out as the third-best month of job growth compared to pre-COVID times going back to 1938, when data began to be collected. While there was major anxiety from the slower than expected net job growth in April 2021 and an increase in unfilled job openings in April as well, the growth in unfilled job openings had stopped cold by May, and the payroll numbers reflected the process of return to work by June. This is part of a natural process that is to be expected. The situation is similar to the experience at an airport when multiple planes let out and shuttle busses queue at the terminal to bring passengers to their destinations—there are lots of seats available, but it takes time for them to get filled up. Millions of workers lost jobs over the past year and best fully automatic bb gun half and many of them were laid off from businesses that permanently closed due to the pandemic. As most job seekers have personally experienced, it can take weeks, even months, to search for a job, and during the pandemic, that is further complicated for many workers whose search for work only became realistic once the vaccine became available and the economy was able to begin to open.

Economic Studies Confirm That the Disincentive of Unemployment Benefits Is Limited

Throughout the pandemic, economic studies have found little meaningful impact of extra unemployment pay on employment. Yale scholars concluded that the initial $600 extra in aid did little to dampen job-finding, and a detailed review by the J.P. Morgan Institute found no uptick in job-finding when all additional federal unemployment assistance was eliminated between September and December.

There’s no evidence that the early cutoff of unemployment benefits has led to an increase in hiring in those states. Economist Arin Dube analyzed the most recent Census Bureau data and found that 2.2 percent of adults in these states stopped receiving benefits, but the percentage of workers in these states that were employed actually declined by 1.4 percent. Similarly, Peter Ganong of the University of Chicago analyzed the June state employment report and found no statistical difference in the change in payrolls between May and June in states that had cut off aid and states that did not. Finally, economist Aaron Sojourner found that state unemployment claims were already decreasing in cutoff states before they made the announcement, and since the announcements, rates of decline have been equal between those states that had announced cutoffs and those who had not. Even Goldman Sachs economists found no clear evidence that the cutting off of federal benefits led to significantly more hiring.

The Federal Reserve Bank of San Francisco produced an important study that found that the $300 additional benefits could potentially reduce job finding in a way so that “about seven out of 28 unemployed individuals receive job offers that they would normally accept [each month] but one of the seven decides to decline the offer due to the availability of the extra $300 per week in UI payments.” The real issue is that, in either scenario, twenty-one workers are still without a job and need support; removing all unemployment benefits torpedoes the wellbeing of those twenty-one workers simply to encourage that one additional worker to accept a job.

Extending Benefits Did Not Worsen Unemployment during the Great Recession

The critical issue now is not whether to add the $300 benefit, but whether to keep unemployment benefits going at all. The experience of the Great Recession—when benefits could last as long as ninety-nine weeks in some states but far shorter in others—provided researchers with fertile ground to test whether extensions of benefits could negatively impact job finding. A detailed economic study of metropolitan areas that crossed state lines found that employment did not grow more slowly among residents in counties offering more in unemployment benefits.

The Problem Is the Quality and Diversity of Job Openings, Not the Quantity

As in other recoveries, the jobs added in the early stages of recovery from the pandemic have been those at the low end, as restaurants and other service sector businesses reopened and hired workers at low wages and with limited benefits. The Economic Policy Institute’s Elise Gould found that there are more job openings in the accommodation and food services sector than there are workers laid off from that sector. Indeed, the UC Berkeley Food Labor Research Center found that many workers had left the restaurant sector due to concerns about pay and safety during the pandemic. However, better paid sectors such as information, education, arts and entertainment, and real estate have had more unemployed workers than job openings. One of the goals of unemployment benefits is to enable workers to have the chance to search for a suitable job at good pay, rather than be forced into jobs that don’t utilize their skills and become a dead end. This goal is especially valuable at a time when workers remain deeply concerned about contracting COVID-19, which is an especially valid concern in regions home remedy for gout in thumb vaccination rates are low and even vaccinated people are at risk.

The End of Unemployment Benefits Will Actually Slow Economic Growth

Unemployment benefits are still pumping over $6 billion per week into the economy. With the cutoff of additional benefits, that number will crash down to $1 billion per week. Unemployment benefits have one of the highest multiplier effects (a return of $1.61 for every $1 spent) of any form of government spending, and the end of this stimulus will slow the progress of the economy returning to its pre-pandemic trajectory. Personal income fell by 27 percent in the second quarter, after increasing 63 percent in the first quarter, leading to GDP growth that was strong but nonetheless fell short of Wall Street projections.

The Delta Variant Is Complicating the Recovery

After dropping down below 10,000 earlier in the bank of america unemployment nj, the new COVID-19 case count surged to nearly 125,000 in a single day by the end of July. While most prognistactors are not convinced that Delta variant will stop the forward momentum of the economy, it does complicate the jobs recovery. New indoor mask mandates in places such as Los Angeles and fears of infection may curb the resurgence in service sector demand and the need for workers, and the global struggle to contend with a more contagious variant continues to complicate global supply chains and the U.S. businesses that rely on them. Moreover, the Delta variant will contribute to legitimate fears among the unemployed that they will not be safe returning to work until the vaccination drive has reached a larger share of the populace. The resurgence of COVID-19 through this variant means that the United States certainly won’t be past the danger of COVID-19 by fall, but still will be ending key pandemic unemployment benefit programs by then.

Policy Recommendations

As the pandemic unemployment benefits cliff approaches, there are several things that can be done at the federal and state levels to ensure a softer landing for the 7.5 million workers currently facing the cutoff of all federal unemployment insurance benefits.

Federal Policy Created the Cliff, Federal Policy Can Fix it

The sudden cliff in unemployment benefits is a result of several policy flaws. First, there are no effective mechanisms for unemployment benefits to fulfill their role as an economic stabilizer by automatically triggering more generous benefits when times get worse. The Federal–State Extended Benefits Program is supposed to play this role, but because it relies on state funding, most states don’t fully participate in a program to provide longer benefits when community resource bank login total unemployment rises. As a result, Congress was forced to rely on temporary pandemic programs with multiple arbitrary dates that took up much of Washington’s attention at the end of 2020 and again in March. Moreover, Congress’s effort to patch up the limited eligibility of traditional benefits with PUA forced states to rapidly roll out new application technologies that were vulnerable to fraud. Finally, Congress in 2020 could only ask states to implement a PUC program that paid out a flat amount because states could not feasibly adjust benefit formulas without delaying the payment of aid by months. These problems illustrate the need for a comprehensive permanent reform of unemployment that includes automatic triggers and requirements for more generous benefits. Moreover, Congress should enact a permanent Jobseeker’s Allowance. This idea, first proposed by Georgetown University, The Center for American Progress, and the National Employment Law Project in 2016 would provide a lower tier of federally funded unemployment assistance to those who do not qualify for traditional unemployment benefits. All food challenges in houston these ideas have been embraced by leading advocacy organizations, were part of a discussion draft circulated by Senators Ron Wyden and Michael Bennett, and most were discussed in the FY 2022 Biden administration budget. The expected budget reconciliation plan to enact President Biden’s American Families Plan provides a critical opportunity to move in the direction of permanent unemployment insurance reform so as not to leave the workforce in the situation of facing a drastic cutoff of assistance.

On July 29, the Biden administration called on Congress to extend the eviction moratorium just two days before it expired, which wasn’t enough time to prevent the chaos the looming expiration caused. While there may not currently be political will to continue pandemic unemployment benefit programs, the pressure may grow as achieve financial credit union meriden similar deadline approaches. Congress and the Effective back workouts at home administration should start planning now and consider various options for a temporary renewal of some or all of the pandemic unemployment programs until the end of the year, when a far greater share of workers should be able to find work, vaccinations will have reached their goal in more states, and the impact of the Delta variant will be better understood and the economy will be able to respond accordingly.

States, with the Help of the U.S. Department of Labor, Should Be Prepared to Help Those with Expiring Benefits

Whether or not federal benefits are extended, there are 1st midamerica credit union loan payment steps that states can take to ensure their unemployed workers have a softer landing when their federal unemployment benefits expire:

  • Targeted aid to the unemployed. The U.S. Department of Labor should work pnc zelle fraud with states to manage the flow of information and available assistance to the record number of unemployed losing benefits. The Department of Labor should urge states and local entities to find novel ways to provide financial assistance to exhaustees, through the use of WIOA needs-related payments or state additional benefits for those who opt for retraining, or by using state and local relief to provide additional unemployment benefits or other forms of cash assistance. For example, fiscal relief can be used for the payment of obie trice eminem benefits and could make it easier for high unemployment states to continue participating in the EB program once 100 percent federal funding is removed. Moreover, states should be directed by the Department of Labor to require American Job Centers using Wagner-Peyser Act Employment Service (ES) and WIOA grant funds to contact individuals losing benefits, and for those unemployed without job prospects, they should be provided with staff-assisted job search and matching services to obtain suitable and quality job matches with employers seeking qualified workers. The cessation of federal unemployment assistance does not relieve the Department of Labor of its policy responsibility or the responsibility of states under their ES grants to provide statewide employment services to jobless workers seeking new work.
  • Food stamps.States need to make sure that workers exhausting jobless benefits are connected to other forms of income support. For example, California’s Employment Development Department has already connected 85,000 Californians to SNAP benefits to help jobless workers and their families put food on the table. The end of home remedies for extreme migraines benefits could make hundreds of thousands of individuals newly eligible for SNAP benefits—and/or eligible for a higher monthly allotment—due to their sharp drop in income. States should provide clear information to unemployment insurance exhaustees about how to apply for benefits, and wherever possible, should do proactive outreach themselves or with an intermediary organization such as Benefits Data Trust to get individuals started on SNAP applications as soon as possible after their unemployment benefits end (as was done in Pennsylvania in 2012). In addition, states should take full advantage of state flexibility to waive harsh rules that limit unemployed workers classified as Able-Bodied Adults Without Uk phone country code from usa (ABAWDs) to just three months of SNAP benefits in any three-year period.
  • Rental assistance. Unemployment benefit recipients are eligible for federal rental assistance, for both back and forward rent for up to eighteen months. State rental assistance programs have been plagued by delays, but the end of unemployment benefits and the expiration of the eviction moratorium have raised the stakes for further improvements. States need to prioritize messaging about rental assistance to unemployment insurance exhaustees, and whenever possible, work with state and regional housing agencies to share information about rental assistance to the unemployment claimant population. Continued regional and state action to prevent evictions through local moratorium or rules that block evictions until rental assistance applications have been processed will be critical to the unemployed population.
  • Health care.The American Rescue Plan Act took several steps to make health insurance more accessible during the COVID-19 pandemic, including those unemployed who lost healthy insurance. ARPA broadened eligibility for ACA Marketplace subsidies for individuals who previously did not qualify for subsidized health insurance, as well as enhancing existing subsidies for individuals with lower incomes. In addition, the Biden–Harris administration’s creation of a special enrollment period (SEP) has allowed over one million people to sign up for coverage so far. ARPA created new financial incentives for states to expand Medicaid as well, crucial to closing a coverage gap that disproportionately affects people of color. Some individuals may become newly eligible for Medicaid benefits when their unemployment benefits run out, and causes their family income to drop below the poverty threshold.

Conclusion

While the United States has spent record sums on unemployment benefits, the job is not done. Millions of workers remain out of work, and despite progress, the labor market is nowhere near its pre-COVID19 levels. Cutting off benefits by Labor Day will leave 7.5 million workers without critical assistance they need to keep themselves financially stable until they can find a new job. Imposing such deep hardship on families and the economy, is an unforced economic policy error that can and should be avoided.

Acknowledgments

The author thanks Claudia Sahm, Rebecca Vallas, Anna Bernstein, and David Balducchi for contributions, Tom Stengle for continued data assistance, and Samantha Wing for research assistance.

Appendix

Appendix Table 1
 Workers Receiving Federal Unemployment Benefits at Cutoff, by State
StatePEUC (Still Unemployed as of September 6)PUA (Still Unemployed as of September 6)TotalCan Move on State EB Benefits
Alabama000
Alaska4,7976,54511,3414,065
Arizona17,58955,32572,914
Arkansas000
California989,2291,069,4082,058,637
Colorado58,03515,97174,006
Connecticut61,08123,34084,42244,366
Delaware5,8513,2809,131
District of Columbia2,8419,08211,923
Florida183,11093,813276,923
Georgia000
Hawaii30,81625,81556,631
Idaho000
Illinois235,343110,450345,793
Indiana45,144127,208172,352
Iowa000
Kansas10,9574,88815,846
Kentucky14,82212,57527,397
Louisiana000
Maine15,7527,44323,195
Maryland43,534181,513225,046
Massachusetts138,116175,981314,097
Michigan148,272216,663364,936
Minnesota49,60023,25072,850
Mississippi000
Missouri000
Montana000
Nebraska000
Nevada76,95437,792114,746
New Hampshire02626
New Jersey133,391259,253392,644105,916
New Mexico21,52423,13844,66215,558
New York474,402745,5481,219,950
North Carolina77,13355,106132,239
North Dakota000
Ohio80,933189,960270,892
Oklahoma000
Oregon49,04454,075103,120
Pennsylvania179,317311,143490,460
Puerto Rico21,250198,954220,204
Rhode Island13,81324,77238,585
South Carolina000
South Dakota000
Tennessee000
Texas000
Utah000
Vermont3,6434,9318,574
Virgin Islands48679565
Virginia61,24842,851104,099
Washington50,97771,803122,780
West Virginia000
Wisconsin23,9508,95132,901
Wyoming000
US Total3,322,9564,190,9307,513,886169,905
Note: States in red have cutoff of all pandemic unemployment benefits. States in purple bank of america unemployment nj cutoff the $300 from FPUC.
Source: TCF Analysis of Labor Department Data.

Tags: workers, u.s. economy, unemployment benefits, covid-19

Источник: https://tcf.org/content/report/7-5-million-workers-face-devastating-unemployment-benefits-cliff-labor-day/

Unemployment claimants question debit card security after benefits were stolen

BALTIMORE — Maryland unemployment insurance claimants are questioning the security of their debit cards after losing benefits to ATM scammers.

Tyler Bohanan recently tried to withdraw money from her Maryland Unemployment Insurance Bank of America debit card, but received a message that there were insufficient funds.

“I checked the website and saw someone withdrew $1,000 from my account. I’ve never left my card in anyone else’s possession. I’ve never used it outside of just going to the bank’s ATM locations. I’ve never used it outside of those two locations, and I was able to see that they went across town and somehow withdrew the money from a bank I’ve never even been to,” said Bohanan.

Jysseka Campbell-George also noticed her funds had been depleted.

“The customer service representative with the Maryland Bank of America unemployment card stated that someone in Florida was able to extract cash from an ATM in Florida and we have not gone to Florida at all,” said Campbell-George.

Cynthia Tully usually withdraws her benefits as soon as they post to her account, but she didn’t get around to it until 9 p.m.

“When I got there, it said I didn’t have enough funds and it printed out my receipt with $6.23,” said Tully. “Looking at the transactions, you could see a cash ATM withdrawal from Virginia. So I started looking further, and there were balance inquiries every payday for the last almost three months from all over the east coast. A lot from Virginia, New Jersey, North Carolina.”

These claimants didn’t lose their cards and said they only used them at Bank of America branches.

“I’ve never used that card. I’ve never made online purchases with it, it’s been in my wallet, I go to my local Bank of America ATM that’s it,” said Tully.

And it's money these claimants can't afford to lose.

“I was furloughed in March and my husband was just finishing up school, so he wasn’t working as well. We’re a family of five and neither one of us were working, so to pay bills we have to be very strategic on how we spend money,” said Campbell-George.

Bohanan was reserving money in her account to pay taxes on her benefits.

“They took the money I have to give to the IRS, they’re putting me in a pinch right now. I have two kids. I don’t want to owe any money in 2021 and I’m already having to deal with unemployment and raise two kids,” said Bohanan.

Tully said she relied on her benefits to support her family.

“$260 doesn’t seem like a lot, but that’s what I live off every week. Single mom, two kids that’s it for right now,” said Tully.

The claimants reported the fraud to Bank of America and were sent new cards, but didn’t receive explanations on how their accounts were compromised.

Fraud has been a major issue for many states as they rushed to implement new unemployment insurance programs under the CARES Act.

In July, the Maryland Department of Labor uncovered a massive and sophisticated criminal enterprise involving 47,500 fraudulent unemployment claims using identity theft totaling over $501 million.

RELATED:Massive COVID-19 related unemployment fraud discovered in Maryland

The department froze thousands of best online trading platform for penny stocks and required claimants to provide documents confirming their identities.

READ MORE:Hundreds of legitimate claims frozen in unemployment fraud investigation

However, this appears to be a different kind of fraud. Claimants believe their debit cards were somehow cloned.

Skimmers may be the culprit. Thieves attach card readers to payment terminals such as gas pumps and ATMs. The device copies the data and small pinhole cameras record customers inputting their pins. The person then clones the card and uses it as their own.

“You know, not many people have had this happen and it’s so many of us,” said Tully.

Tully wants to know why this type of fraud has become a common complaint among unemployment claimants. A recent post about debit card fraud in an unemployment Facebook support group had more than 60 comments with many members sharing similar experiences.

WMAR-2 News Mallory Sofastaii asked Bank of America if the fraud had something to do with chip technology, an enhanced security measure not offered with unemployment insurance debit cards.

A Bank of America spokeswoman wrote: “We are in continual discussions with our clients about options for our Card technology, including the addition of chip.”

She added that Bank of America takes all reports of fraud very seriously and claimants should contact Bank of America (using the number on the back of their card) to report unauthorized or disputed transaction claims.

Sofastaii also asked the Maryland Department of Labor why chip card technology isn’t offered to claimants. She’s waiting for a response.

In the meantime, these claimants are no longer keeping balances on their card.

“What we have done is when we do know that money has been funded to the card, we immediately go to the bank and take it out because at this rate the card is american express can t pay bill said Campbell-George.

“I’m hurt that people are even trying to take advantage of us in this time of need. All of us, we’ve either partly lost our jobs or fully lost our jobs. How can they take advantage of us at this time?,” asked Bohanan.

Bank of America reimbursed Campbell-George. A representative said Bohanan’s and Tully’s claims are still under investigation.

Источник: https://www.wmar2news.com/matterformallory/unemployment-claimants-question-debit-card-security-after-benefits-were-stolen
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