Finance

Montana, South Carolina ending participation in fed unemployment programs

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Henry McMaster, the governor of South Carolina.

Eric Thayer/Bloomberg via Getty Images

At least two states will soon kick workers off pandemic-era programs that expanded and raised unemployment benefits.

The governors of Montana and South Carolina announced this week that they are ending their participation in the federal programs at the end of June.

The American Rescue Plan makes that aid available through Sept. 6.

The programs, in place since March last year, pay funds to the long-term unemployed; offer a $300 weekly supplement to benefits; and issue aid to the self-employed, gig workers and others who don’t typically qualify for state assistance.

The state directives come as the U.S….



Source cnbc.com

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