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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

2

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

3

Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing
Financeunemployment

Here’s a timeline of when $300 weekly unemployment benefits will expire in every state

By
Lance Lambert
Lance Lambert
and
Nicolas Rapp
Nicolas Rapp
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By
Lance Lambert
Lance Lambert
and
Nicolas Rapp
Nicolas Rapp
Down Arrow Button Icon
June 18, 2021, 8:00 AM ET
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Amid the COVID-19 recession last spring, finding a job was perhaps the hardest it had been since the Great Depression. After all, the 14.7% jobless rate in April 2020 was the highest mark since 1940. Since, the economy has experienced one of the swiftest recoveries on record, with the unemployment rate at 5.8% as of May. Now, it’s employers who are grumbling about finding workers.

That tightening job market has resulted in many Republican leaders and business groups calling for an end to the weekly $300 pandemic unemployment benefit, which is paid on top of state unemployment insurance checks. The U.S. Chamber of Commerce argues the weekly payments are incentivizing some jobless Americans from going back to work. The Biden administration disagrees with that economic assessment. But that isn’t stopping states from opting out: Already, 25 Republican governors have announced their state will opt out of the federal program before its expiration in September.

A total of 25 states will opt out of the weekly $300 enhanced unemployment benefit early. The remaining 25 states will allow the benefit to run through its September expiration.
Nick Rapp

But not all of these 25 Republican-led states will end the program at the same time.

To help jobless Americans prepare for the lapse of the benefit, Fortune has created a state-by-state timeline of when $300 weekly enhanced unemployment payments will end.

Lapsed on June 12: Alaska, Iowa, Mississippi, and Missouri

June 19: Alabama, Idaho, Indiana, Nebraska, New Hampshire, North Dakota, West Virginia, and Wyoming

June 26: Arkansas, Georgia, Florida, Ohio, Oklahoma, South Dakota, Texas, and Utah

June 27: Montana

June 30: South Carolina

July 3: Maryland and Tennessee

July 10: Arizona

September 6: California, Colorado, Connecticut, Delaware, Hawaii, Illinois, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New Mexico, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, Virginia, Washington, Wisconsin, and Vermont.

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About the Authors
By Lance LambertFormer Real Estate Editor
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Lance Lambert is a former Fortune editor who contributes to the Fortune Analytics newsletter.

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Nicolas Rapp
By Nicolas RappInformation Graphics Director
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Nicolas Rapp is the former information graphics director at Fortune.

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