Federal Unemployment Benefit: How will the Next Phase Impact your Workforce?
We are listening: many employers have told Aspire they struggle to fill open positions because the combined state and federal unemployment benefit far exceeds most Hoosier employees’ regular wages. The initial $600 per week federal unemployment assistance expired over the weekend. Both the House and Senate phase 4 relief packages contain proposals to extend the emergency federal unemployment benefit, but with different benefit levels.
Our colleagues at the U.S. Chamber released a new interactive map demonstrating how the current House Democrat and Senate Republican proposals would affect each state. The interactive map outlines how much assistance the average unemployed individual would receive, average wage replacement rates, the resulting increase compared to state-only benefits, and more. Check out how the different plans would impact Indiana, and your ability to hire.