An unemployment fund created for Oregonians who have been out of work for over two years is running out of money due to unexpectedly high demand.
An unemployment fund created for Oregonians who have been out of work for over two years is running out of money due to unexpectedly high demand.
Initial projections expected 17,000 people to qualify for an average weekly check of $280, but more than 22,000 people have already been approved.
The program’s $30 million in funding is on track to dry up about two weeks early, as soon as the week of May 14, the Oregon Employment Department said.
“We still have a lot of Oregonians that, through no fault of their own, are out of work or struggling to find jobs and needed help to put food on the table and a roof over their heads,” said Sen. Diane Rosenbaum, the Senate Democratic leader who sponsored legislation creating the program. “So this money, even though it’s not going to go quite as far as we thought, I think it’s going to help families stay afloat.”
Read more at Forbes.
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