Forbes

For Nine Million, Unemployment Benefits Have Suddenly Ended

For Nine Million, Unemployment Benefits Have Suddenly Ended

There were nine million on the PUA CC rolls and another two million receiving a $300/week federal unemployment supplement that, as of September 6, are check-less. We believe that this will negatively impact consumption in September, in Q4, and likely beyond.

Source: Forbes – Markets
Date: September 13, 2021, 04:58