Business Report: Unemployment benefits deadline, college sports betting, veterans bill

Deadline approaching for eligible unemployed residents to receive an extra $300 a week in federal unemployment benefits

Thursday, Nov. 12,  is an important deadline for 100,000 unemployed residents who can receive an extra $300 a week in federal unemployment benefits. They have until Thursday at midnight to certify for those benefits under the FEMA Lost Wages program, which provides a maximum payment of $1,800.

Those who are eligible should receive an email and text message from the state. Emails will come from the address ui.noreply@dol.nj.gov. Text messages will come from 898-211. The state Labor Department says if you don’t receive a message, you are not eligible to certify for the FEMA benefits.

Could New Jersey’s record-setting sports betting market get even bigger? There’s a bill in Trenton that would allow sports betting on all New Jersey collegiate games. Currently, state law bans betting on college games played anywhere in New Jersey and bans betting on games involving New Jersey teams that are played out of state. Legislation calling for a public referendum on this issue next year has been approved by the Senate Budget Committee.

Another bill under consideration aims to help military veterans find employment in civil service jobs. Veterans currently qualify for hiring preferences. This legislation broadens eligibility requirements and removes the requirement of specific lengths of service time. Bill sponsor Sen. Kristin Corrado (R-Passaic) says the preference afforded to veterans is a well-deserved benefit for men and women who have served our country.

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