Stimulus money is incoming while the number of unemployed spikes

The state's unemployment numbers have skyrocketed, but those who have already been approved for assistance will begin seeing federal payments this week.

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.

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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.

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.

Read more here.

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