NJ To Replace Unemployment Checks

debit cardNew Jersey will become the 30th state to replace weekly unemployment checks with debit cards or direct deposit. But check-cashing businesses, which collect $521,118 each week in fees, tell the Statehouse Bureau of The Star-Ledger of Newark and The Record going paperless will inconvenience customers and cut into their profits. 

The state says it will save as much as $8 million a year. 

The Labor Department expects to send the last checks by February, forcing 460,000 recipients to get direct deposit or receive a Bank of America debit card. Full story in APP.

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4 COMMENTS

  1. But check-cashing businesses, which collect $521,118 each week in fees, tell the Statehouse Bureau of The Star-Ledger of Newark and The Record going paperless will inconvenience customers

    What do expect them to say?It’s their business.

  2. Consider what they did in a TV show from the 60’s. In a make believe world they realized money was the root of all greed. In this world the greed let to a economic crash that left the earth in ruins. They instead got rid of all money and worked for the common good exploring
    the universe and establishing civilizations. Maybe its time to do the same…. Is money really needed……God created a world where everything we would ever need is before us. Water-Food-Land-Clean Air maybe what we all long for is already here, its just our greed that makes us blind.

  3. It’s called communisim, and eliminated all chance for anyone to have any self worth, as they are working for a common good. By the way, that show did have money – just in a different form.

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