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$300/week Unemployment Benefit Extension | 40 States Approved, States Paying Out $300/week Benefits - YouTube
Channel: Dr. Nitin Chhoda - Ignition Time
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Hi everyone, this is Dr Nitin Chhoda with
Ignition Time and welcome to my channel!
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In this video
i'll give you the latest status of the
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$300 a week
unemployment booster the lost wages
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assistance program.
At the time i'm recording this video 10
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states have yet to be approved
for the funds from FEMA through the DRF
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program but the majority of states have
indeed been approved. In fact
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on your screen right now you'll see the
FEMA website and you see this is the
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latest information
from the FEMA website. On the 29th of
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August they approved Minnesota, Florida
and Hawaii and going down through
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the entire list, this is a list of
all the states that have been approved.
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A majority of states have indeed been
approved and you can see
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as we scroll down the list that again a
majority of states
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have indeed been approved at the time
that i'm recording this video.
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Many state states like Arizona already
have already started sending the funds
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and many other states have also started
sending the funds and in this video
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i'll give you the latest status of which
states have yet to be approved
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and which states have already started
sending funds. 10 states
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plus Washington DC have not yet received
federal unemployment funds through the
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lost wages assistance program and therefore they
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are not able to start paying the $300
weekly benefit to their citizens.
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South Dakota is not applying for it. Now we're
going to cover as much information as we
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can in this video but keep in mind if your
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state is not mentioned it's simply
because we don't have information for
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your particular state yet.
Also if you do want to help type out in
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the comments section below
and let us know which state you're in
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and whether you started getting the
benefits
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and then you'll be able to help all the
other members of our community. Now as
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per the President's executive order
states are supposed to pay back, pay
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going back all the way through to August 1st.
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So your state should do that in
compliance with the President's
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executive order
and the the architecture of the lost
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wages assistance program.
Now some states have already started
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processing and started paying out
benefits to their residents. These states
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include Arizona, Louisiana, Missouri, Montana
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Tennessee and Texas at this point in
time have
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already started paying. Remember there
are two stages to this. Stage one
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is that the state applies for a grant
from FEMA
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through the DRF fund and then the state
gets the money. By the way FEMA has been
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approving these grants very quickly.
Now once the state gets the money the
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state now needs to comply with local guidelines
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make sure their systems are updated.
Because keep in mind is a completely
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separate program
and then they start distributing the
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money. So there are two aspects to this
the state applying and then the state
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distributing money. So
now keep in mind it's been over a month
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at this point in time since
the $600 weekly benefit the federal
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unemployment booster has expired and
that was mandated as per the Cares Act.
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So a lot of a lot of individuals i would
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say millions of individuals who are
unemployed all over the country are
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hurting as we speak
because this money hasn't gone out yet.
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Now there are some states that have not
yet received federal approval.
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These states are Delaware, Illinois, Kansas
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Nebraska, Nevada, New Jersey,
North Dakota, South Dakota, Washington DC
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and Wisconsin.
And like I mentioned earlier South
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Dakota's governor said the state will
not apply
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for the subsidy now six states like i
said have already started paying the
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supplement
and here on your screen you see the
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status of the extra unemployment
benefits the 300
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a week lost wages assistance program all
the states that you see in green have
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indeed been approved
so all the states that i mentioned
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earlier on the fema website uh that that
you saw on the fema website are
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displayed
in green on this map right here all the
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states that are in yellow
have applied but have not yet been
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approved these include wisconsin
delaware and south carolina applied but
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not yet approved
at the time that we are recording this
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video so they are waiting for fema to
approve
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the the grant application and we can
expect fema to do that very shortly
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because fema has been very quick
in approving these grant applications
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states in blue
have yet to apply and this includes at
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the time we are recording this video new
jersey
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illinois so that's what uh you know
that's what's going on in those states
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now keep in mind that
this money could run out not could run
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out it will run out because there's only
44 billion dollars
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and there are millions and millions of
individuals that need this unemployment
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booster so this money is going to run
out so
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it's likely that states that take extra
time to apply could be left behind
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because the money
could run out now the states in gray
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have not taken action yet
and this includes as you can see on the
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screen dc uh
north dakota and nebraska so these
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states have not yet taken action yet
and the state in red that you can see
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south dakota is uh is essentially
not not accepting this subsidy now keep
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in mind that
the president signed this executive
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order over
two weeks ago it's been it's been a long
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time since the prayers since the
since the president signed the executive
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order and at this point in time
40 states that's 4040 states have
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received approval
florida hawaii and minnesota like i
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mentioned at the start of this video
were the latest states to get approval
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and
many states have indeed started sending
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out the money once again arizona
louisiana
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missouri montana tennessee and texas
have indeed started sending out the
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funds
now keep in mind montana is amongst
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these six states that i mentioned
montana is a state that's actually
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paying out four hundred dollars a week
in unemployment benefits the boost on
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top of the state unemployment extension
and uh the other states in the list are
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paying out 300 the other states meaning
arizona louisiana
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missouri tennessee and texas so that's
something that's something
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worth noting now states will be getting
three weeks of unemployment funds
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meaning the 300
weekly booster and this will only you
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know this will cover the weeks
this will cover the first three weeks
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that they distribute and then they must
then apply
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weekly for additional funding from the
federal government from the drf program
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so again the states are only given three
weeks
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of the 300 a week booster and then after
that they have to apply weekly to get
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more funds from the federal government
and the program will be up to 44 billion
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dollars
in total federal disaster relief funds
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to unemployment unemployed workers
from fema through the drf program which
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is a disaster relief fund
over to the states which then
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distributed to their residence now keep
in mind
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we're already starting to get it with
hurricanes i hope everyone in louisiana
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is safe right now
and other states that were affected by
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hurricane laura but if keep in mind that
this is essentially hurricane relief
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money that was redoubted
and like i said some states did already
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start paying
montana was the most recent state to
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bring its program online just a few days
ago
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and the state did receive funding
according to the department of labor and
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industry
and arizona planned to complete all
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retroactive payments as of last week so
if you're in arizona
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chances are you already got your
retractive payment if all the paperwork
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was in order so let us know
in the comments section below and texas
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paid out 424 million dollars in funds
last week out of its total 1.38
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billion dollars that it was allocated
through fema louisiana paid out 240
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million dollars to almost 300 000
individuals
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in the past few days tennessee started
paying missouri started paying as well
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and missouri started
missouri started processing the money
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excuse me and they said that workers
should soon start receiving
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benefits let me repeat missouri began
processing the money and
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they have started receiving benefits now
they will start receiving benefits in
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missouri now there's a
there's a significant discrepancy based
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on where you live based on the cost of
living so if you take a look at this
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chart
on your screen right here you'll see the
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jobless benefits after rent
food and transportation expenses all the
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cities at the top
where the cost of living is lower um you
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know the dollar goes uh
the dollar goes a long way but all the
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cities closer towards the bottom a
majority of them
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in california new york um you'll see
that
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the dollar doesn't go very far because
of the cost of living because the cost
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of living is very high there
and keep in mind it could be several
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weeks before some states could start
making payments alaska
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believes it will be six to eight weeks
to reprogram changes in the state's
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technology uh systems in order to be
able to start distributing the funds so
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that's where things stand right now now
keep in mind that
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if congress does not allocate more money
um then this money is going to run out
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and once this money runs out the
president
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will have to essentially go to congress
and ask for money so that's where things
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stand right now and this is the current
status of the 300
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week unemployment boost so thank you so
much for watching i hope this was
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helpful my name is dr nitin shoda with
ignition time
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if you learn something new please click
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thanks bye
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hmm
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so
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you
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