The GOP wants to move boosted unemployment benefits to a new percentage-based system — but experts warn the rollout could be a logistical nightmare

Associated Press

• Republicans are seeking to implement a wage replacement system in two months, meaning that laid-off workers eventually draw 70% of their previous earnings from the federal government.
• "It's not clear what Congress will approve, but the worst-case scenario is something based on a percentage," Michele Evermore, policy analyst at the National Employment Law Project, said.
• Experts say implementing that wage replacement formula could be a nightmare for state agencies already burdened by a massive backlog of claims and antiquated technology.
• Visit Business Insider's homepage for more stories.

Republicans are pushing to end a $600 federal payout to state unemployment benefits and eventually replace it with a new wage-based formula that doesn't pay millions of laid-off workers more than they earned on the job.

It's a cornerstone of their stimulus plan to aid the unemployed. The plan was unveiled on Monday after days of GOP hangups over which measures to pursue and remedy an economy displaying renewed signs of weakness.

See the rest of the story at Business Insider

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See Also:

• The $600 weekly unemployment benefit is formally expiring for millions of jobless Americans — and Congress is still fighting over what should replace it
• The $600 boosted unemployment benefit just expired. Here's how much unemployment benefits could drop in your state under the GOP's less-generous replacement plan
• The GOP will reportedly seek to reduce coronavirus unemployment benefits to $200 a week until states can implement a 70% wage replacement scheme for jobless people

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