The CARES Act Boosted Unemployment Aid -- So Why Are So Many People Still Waiting on That Extra Money?
COVID-19 has turned the U.S. economy on its head. In the past six weeks, millions of Americans have been forced out of their jobs, leaving them to rely heavily on unemployment benefits to cover their bills.
Usually, those benefits do a poor job of replacing paychecks in full, as they're limited to a certain percentage of workers' previous earnings. Furthermore, they generally expire after 26 weeks.
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Source Fool.com