Big Week Looms In Economy, As Unemployment Extension Ends, Inflation Report Arrives - NewsBreak

The coming week will mark a crucial turn in the US economy's direction for the coming months. First, more than 9 million Americans will lose their federal unemployment extension benefits  Three programs covering 12.1 million people end on Monday, leaving the unemployed reliant on state benefits (if they still have them) or finding a job in an economy whose August report indicated a tightening employment market. The federal programs include Pandemic Unemployment Assistance (PUA), which provided longer-term unemployment relief for those that exhausted regular state unemployment benefits. It included Pandemic Emergency Unemployment Compensation, which are benefits for gig workers and contractors who...