The latest numbers show Hoosiers filed 4,641 initial unemployment claims during the week ended June 12, a drop of 465 from the previous week.
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The move will also end benefits for people who did not qualify for unemployment benefits before the pandemic, including gig-economy workers, independent contractors and self-employed workers.
More than 1.9 million people could see severe cuts in unemployment aid as Republicans seek to curb assistance
Indiana is not among the states cutting workers off from federal benefits. But on Thursday, Sen. Mike Braun, R-Ind., encouraged states to “pull the plug” on the benefits.
Indiana is joining several other states creating more requirements for people to stay on unemployment, with many businesses blaming the ease of obtaining the weekly jobless benefits with making it more difficult to fill job openings.
States waived their work requirements for unemployment benefits at the start of the pandemic, but about 30 of them have reimposed or are planning to reimpose them. Gov. Eric Holcomb announced Friday that Indiana would do the same.
To nearly everyone’s surprise, employers in April added a comparatively paltry 266,000 jobs, down drastically from a gain of 770,000 in March, which itself was revised down from an initially much higher figure of 916,000.
As restaurants, retailers and service providers are allowed to resume in-person operations, some employers are eager to get started. But employees are not as excited to return to work and give up their unemployment benefits.
State unemployment specialist Josh Richardson talks with host Mason King about who is now eligible for benefits under an expansion approved by Congress as well as how soon they’ll begin receiving benefits and how the agency is adjusting to a flood of applicants.
State and federal authorities have expanded the eligibility for unemployment benefits significantly, meaning if you’re out of work and didn’t qualify under the old rules, you likely will now.
The numbers are skyrocketing as businesses close as part of efforts to stop the spread of the coronavirus.
The governor also signed legislation that will eventually put more money into the state’s unemployment trust fund, a move that comes as the coronavirus outbreak has led to a jump in unemployment claims.
The proposed 17% increase would bring the premiums paid by companies to a level recommended by the federal government, which is meant to prepare the unemployment fund for the next recession.