
Louisiana becomes first Democrat-led state to drop enhanced unemployment benefits
CBSN
Louisiana will become the first Democrat-led state to end federal enhanced unemployment benefits early, joining 25 Republican-led states that announced they will end the programs before they were set to run out in September.
Democratic Governor John Bel Edwards signed a bill into law on Wednesday that ends the $300-a-week supplementary federal unemployment assistance as well as other pandemic-related unemployment programs at the end of July. At the same time, Louisiana will increase the state's weekly maximum unemployment benefit by $28 starting next year. Some of the GOP-led states have already begun ending enhanced federal benefits, citing the recovering economy and workforce shortages. Iowa, Missouri and Mississippi ended federal programs extended under the American Rescue Plan until early September on June 12. This week, nine more states will join them in exiting the programs, including Alabama, Alaska, Idaho, Indiana, Nebraska, New Hampshire, North Dakota, West Virginia and Wyoming. Not including Louisiana, more than 3.9 million workers in the 25 states will lose the weekly $300 supplemental payments, the National Employment Law Project recently found.
Veterans Affairs Department plans to cut thousands more jobs as part of Trump's cost-cutting efforts
Washington — The Department of Veterans Affairs plans to slash thousands of employees in the coming months as part of President Trump's initiative to scale back the size of the federal government, according to a memo from the agency's chief of staff.

During his Tuesday night address to Congress, President Trump acknowledged his barrage of tariffs might cause "a little disturbance." But with the stock market tumbling this week in reaction to his import duties, workers with 401(k) plans may wonder about how much that disturbance could affect their retirement savings.

During his Tuesday night address to Congress, President Trump acknowledged his barrage of tariffs might cause "a little disturbance." But with the stock market tumbling this week in reaction to his import duties, workers with 401(k) plans may wonder about how much that disturbance could affect their retirement savings.