60% of Americans Want Expanded Unemployment Benefits Extended, Here's How to Be Ready if Lawmakers Don't Act
The Coronavirus Aid, Relief, and Economic Security (CARES) Act included a number of provisions aimed at helping people cope with the financial impacts of COVID-19. Expanded unemployment benefits were among the most important.
Under the CARES Act, laid-off workers were entitled to an extra $600 per week in unemployment benefits through July 31, 2020. In many cases, this more than doubled the amount workers were allowed to collect under their state's rules. It also meant that as many as 67% of laid-off workers actually got more money on unemployment than they made when they were working.
These expanded unemployment benefits were a lifeline, and most people want them to continue beyond the end of this month when they're set to expire. In fact, a recent Pew Poll revealed as many as six in 10 Americans believe lawmakers should take action to allow the unemployed to keep getting this money for longer.
Source Fool.com
