Stimulus money is incoming while the number of unemployed spikes
More than a million Michiganders have filed for unemployment since the beginning of the COVID-19 outbreak in Michigan according to Jeff Donofrio, director of the Michigan Department of Labor and Opportunity.
The number has led to heavy traffic on the state’s unemployment website resulting in long wait-times and even site crashes.
Fortunately for those who have already filed, federal aid is due to finally hit bank accounts this week. The IRS tweeted they had issued the first payments Saturday from Congress’s $2.2-trillion stimulus package.
#IRS deposited the first Economic Impact Payments into taxpayers’ bank accounts today. We know many people are anxious to get their payments; we’ll continue issuing them as fast as we can. For #COVIDreliefIRS updates see: https://t.co/hEEWmgHA9V pic.twitter.com/2bSHOTjMAS— IRS (@IRSnews) April 11, 2020
People who have already been approved for unemployment coverage by the state of Michigan will receive an additional $600 per week. In addition, many US-residents will receive a one-time payment of $1,200 or more depending on the number of people living in the household.
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