"What You Need To Know About Expanded Unemployment Benefits For COVID-19"11299
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 WGAN ForumFounder & WGAN-TV Podcast Host Atlanta, Georgia |
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| WGAN-TV Town Hall: Matterport Service Providers Coping with COVID-19 | Coronavirus | At least one Matterport Service Provider talked about applying for unemployment insurance during this WGAN-TV Town Hall on Monday, 23 March 2020, Forbes: "What You Need To Know About Expanded Unemployment Benefits For COVID-19" Hi All, Is a shelter-in-place order keeping you from doing Matterport scans, DSRL and drone photography? You may eligible for unemployment insurance. Forbes (25 March 2020) What You Need To Know About Expanded Unemployment Benefits For COVID-19 "In an unprecedented move, the stimulus bill expands unemployment protections to gig workers, freelancers and self-employed individuals, who typically don’t qualify for unemployment benefits," reports Forbes. The Forbes article continues: --- Seth Harris, former Deputy U.S. Secretary of Labor, describes this aspect of the stimulus package as a “gigantic change,” but notes that it could be complicated to execute. “It will be harder [to calculate] because these workers don’t have a W-2 or an average weekly wage,” Harris says. “These folks have income that varies dramatically from week to week or month to month.” It’s not clear yet how state benefits will be calculated for these workers; unemployment is traditionally calculated as a percentage of weekly earnings, up to a maximum amount. Source: Forbes ---- Your thoughts? Stay healthy, Dan |
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
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| Inman (25 March 2020) Stimulus package likely to include unemployment for agents "For real estate agents, most of whom are independent contractors, it appears the stimulus package would extend unemployment benefits to gig workers and freelancers while increasing unemployment assistance to $600 per week for four months," reports Inman. "The bill is also expected to include roughly $350 billion in loans to small businesses, so companies can continue to pay their employees. Those loans could be crucial for smaller real estate brokerages operating in markets like New York State, where real estate activity has been essentially halted by executive order," reports Inman. |
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
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| Making sense of the Senate's coronavirus stimulus bill for real estate agents https://www.inman.com/2020/03/26/making-sense-of-the-senates-coronavirus-stimulus-bill-for-real-estate-agents/ |
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