Florida To End Weekly Unemployment Benefits In June: Here's Why
KEY POINTS
Jobless Americans in Florida will no longer receive weekly payments starting June 26
A recent jobs report showed there are more than 460,000 job openings in the state
Florida will still keep other unemployment benefit programs
Florida announced Monday the state will stop paying $300 weekly unemployment benefits to jobless residents starting June 26.
The Florida Department of Economic Opportunity said the Federal Pandemic Unemployment Compensation program (FPUC), which gives $300 weekly to unemployed residents, will be suspended as the state hopes to fill half a million job vacancies.
An April jobs report showed there are more than 460,000 job openings in Florida. Employment in the private sector also increased by 18,800 jobs.