TRENTON, N.J. (CBSNewYork) — Federal unemployment benefits will expire Saturday in New Jersey.
This is expected to impact about 500,000 state residents, who will no longer receive $300 weekly checks.READ MORE: 'Moulin Rouge! The Musical' Wins Big As Broadway Celebrates The 74th Annual Tony Awards
However, New Jersey Gov. Phil Murphy has said he doesn’t plan on doing that.READ MORE: Police Seize 7 Vans Allegedly Used As Airbnb Rentals In Manhattan
“The proper way to extend federal unemployment benefits is through federal action, not a patchwork of state ones,” he said. “It should be noted here, no state is extending the benefit beyond September 4.”
Last month, New Jersey’s unemployment rate was 7.3%.MORE NEWS: Woman Accused Of Telling Black Couple At Brooklyn Dog Park, 'Stay In Your Hood'
In total, about seven million Americans could lose their benefits after Saturday.