Two Key Economic Dates in December

Two Key Economic Dates in December

Two Key Economic Dates in December

By Calculated Risk at Calculated Risk
Congress and the White House have until Dec. 11 to approve new spending legislation to prevent the federal government from shutting down in the middle of a pandemic and amid a surge in coronavirus cases. Meadows said he was hopeful an agreement would be reached but did not rule out that an impasse. There has already been two government shutdowns during President Trump’s four years in office, one lasting more than a month.It is possible that there will be a shutdown from December 12th through January 20th. This would eclipse the previous longest government shutdown of 35 days in 2018-2019.
PUA is not payable for any week of unemployment ending after December 31, 2020. Accordingly, in states where the week of unemployment ends on a Saturday, the last week that PUA may be paid is the week ending December 26, 2020. For states where the week of unemployment ends on a Sunday, the last week that PUA is payable is the week ending December 27, 2020.As of October 31st, in the most recent report (lags weekly claims), there were 8.7 million receiving PUA benefits (there are questions about these numbers).
article date: 2020 11 22
posted: 2020-11-23 20:06:25
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