Economics/Class Relations

Trump’s $400 in unemployment aid: When would it start?

“If I give you $400 will you vote for me?”-Donald Trump

By Aimee Picchi

President Donald Trump on Saturday authorized an extra $400 in weekly unemployment insurance benefits, a potential financial lifeline for the nation’s 16.3 million jobless workers. Yet while his memorandum makes those payments retroactive to August 1, the money could take weeks to reach people and amount to less than advertised for some claimants.

Mr. Trump’s efforts to partially restore the supplemental benefits, which expired late last month, means that states will need to set up new systems for administering the benefits, which could require considerable time to get up and running, according to unemployment experts. The upshot: Unemployed workers shouldn’t count on the extra benefits landing in their bank accounts in the next few weeks.

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