More GOP states drop federal pandemic unemployment benefits early [CNN]
JP Morgan Chase & Co. (JPM)
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Source: CNN
JT WATCHEDReplay s ...MT WATCH04:35(CNN)terminating federal pandemic unemployment benefits earlyJobless residents in Missouri, Iowa, Idaho and Tennessee join those in six other states who will soon lose the $300 weekly federal boost to their state benefits, though Congress has made it available until early September to those in states that continue to participate. The moves will also end the federal expansion of jobless benefits to freelancers, independent contractors, certain people affected by the virus and those who have run out of their regular state benefits."While these benefits provided supplementary financial assistance during the height of Covid-19, they were intended to be temporary, and their continuation has instead worsened the workforce issues we are facing," said Gov. Mike Parsons of Missouri, which has an unemployment rate of 4.2%. Benefits there will cease on June 12. "It's time that we end these programs that have ultimately incentivized people to stay out of the wor
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JPM
Earnings
- 4/12/24 - Beat
JPM
Sec Filings
- 4/22/24 - Form 424B2
- 4/22/24 - Form 424B2
- 4/22/24 - Form 424B2
- JPM's page on the SEC website