Mnuchin says those who won't accept job offers will lose their unemployment benefits

Over concerns that relief payments disincentivize returning to work.

Image
Treasury Secretary Steve Mnuchin
Secretary of the Treasury Steve Mnuchin
(Chip Somodevilla/Getty)
Last Updated:
May 20, 2020 - 1:25pm

The Facts Inside Our Reporter’s Notebook

Links

Treasury Secretary Steve Mnuchin say that anyone who rejects a job offer will have their unemployment insurance cut off – amid concerns that those receiving enhanced jobless benefits as a result of the coronavirus do not forego employment to continue collecting them. 

Mnuchin made the declaration Tuesday during a Senate Banking Committee hearing.

"If you offer back a worker and they don't take that job, you will be required to notify the local unemployment insurance agency because that person will no longer be eligible for unemployment," he said. 

The government is giving the unemployed as much as $600 more per week, which has policy makers concerned, in part, about jobless Americans not returning to work and as a result slowing an economic recovery.

Nearly 40 million are employee as a result of much of the U.S. economy being shuttered for roughly the past seven weeks as a result of the pandemic.