The unemployment benefits extension was passed last week. Already, Americans in virtually every state are excited about getting their checks to resume. However, for many this will mean a wait. In the meantime, we can take a look at how the move will benefit various economies.
Senator Debbie Stabenow (D-MI) has already indicated that she is in support of a Tier 5 benefits extension. Considering that her state has the second highest unemployment rate in the nation, that comes with little surprise. What is surprising, however, is that those in Michigan can expect to receive their jobless benefits within two weeks.
Nevada is the state with the highest unemployment rate. Even though it’s one of the hardest hit locations, people in this state may a long wait for benefits. Within seven to ten days of the extension letters will be mailed out telling people that they are eligible for the benefits extension. Only after someone responds to the letter will they get their checks.
This could mean that a system glitch could cause some individuals to have excessive wait times if they aren’t listed in the state’s database as eligible. Individuals are instructed not to contact the state’s unemployment office during processing of the claims.
Texas is eligible for three of the four tiers, meaning someone in Texas has up to 93 weeks of unemployment. An economist in Texas, Ray Perryman, says the following of the benefits extension: “we do still have a lot of people who have been out of work for quite some time. For those families, it is certainly important. We are beginning to see job growth in sectors like construction, manufacturing and minerals, which should be a harbinger of good things to come and a diminishing need for such benefits.”
Still yet, there are 77,000 in the Dallas-Fort Worth area alone receiving benefits extensions, and an additional 62,000 people receiving the initial 26 week term.
No matter what state you live in, if you are unemployed you are anxious for this extension. The legislation was welcomed with open arms, and is crucial to our nation’s economic recovery. These three states have very different situations they are in, but they are united in that the recently passed law is vital to their populations.
Dallas Morning News
Michigan Unemployment Insurance Agency
State of Nevada Unemployment: Extended Benefits Claims Will Take
Additional Time to Process Upon Passage of Bill