Marketplace

How making federal jobless benefits automatic would work


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Lawmakers are taking up President Joe Biden’s $1.9 trillion COVID relief plan this week, and this third round of support is expected to face hurdles. But what if additional federal unemployment benefits didn’t need congressional approval? On today’s show: Some policymakers want to make benefits an “automatic stabilizer,” meaning they would be tied to economic data, similar to how your tax rate is tied to your income. Plus, the impact of a $15 hourly minimum wage, mortgage rates creep up with talk of inflation and how your fitness tracker could detect COVID-19 before a test.

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