Unemployment benefit is higher than half the salary of US citizens

The benefit introduced by the U.S. Congress for citizens who were unemployed was half as high as their wages. This was reported by The Wall Street Journal on Tuesday, April 28.

Thus, the financial issue has been resolved for low-paid workers during quarantine measures. However, employers are afraid that this could have negative consequences for business, because people have lost the financial incentive to go to work before the expiration of the allowance.

According to the law, $600 is added to the weekly unemployment benefit until July 31. Combined with the allowance paid by the States, the average payments to dismissed or sent on unpaid leave to employees reach $987, while last year’s average was $378.

At the same time, the data of the Department of Labor show that half of fully employed employees earned less than $957 per week in the first quarter of 2020, i.e. less than the average unemployment benefits at present.