Unemployment benefits worth $794 billion given out during the pandemic
As the state-sanctioned unemployment benefits under the CARES Act end this week, we look at what has been given so far. The unemployment benefits were like a safety net for the jobless. The programs created under the CARES Act which came into existence in March 2020 provided benefits to a historic level.
Policies created under the CARES Act helped replace the paychecks of people who were laid off due to the pandemic. The policies which became law raised weekly benefits temporarily from $300 a week to $600 a week, doubling the average weekly benefits. It was even more celebrated because the CARES Act took into consideration self-employed and gig workers who were not allowed to avail the traditional state unemployment benefits.
The $794 billion included bonus payments, state unemployment insurance, pandemic unemployment assistance, pandemic emergency unemployment compensation and
extended benefits.
Source: CNBC
Category
Disability Accomodations
Payroll
What it is like to work in?
Sexualy Harassment
Risk Management
Pay Equity
Open Enrollment
Mental Wellness
Organizational &
Performance Management
Firing
Opening & Closing
Workforce Planning
Vendors & Software
Flexible Spending Account
Sexual Orientation
Hiring & Firing
Wellness Benefits
Whistleblowing
Communicable Diseases
Talent Acquisition
Leave Management
Business Continuity
Mental Health Benefits
Opening
HR Software
Mentoring & Coaching
Workplace Culture
Guides
Onboarding
Electronic Records Management
Background Checks
Job Applications &
Drug & Alcohol Testing
Employment Offers
Health Savings Accounts
Family & Medical Leave
Employee Conduct
Hiring
Raise
People Management
Contemporary Issues
Organizational Structure
Social Media
Dependent Benefits
Employment Branding
Inclusion, Equity &
Benefits Reporting & Disclosure
Change Management
Retaliation
Tags
Article
Let's Talk about the Hustle Economy
With the COVID-19 outbreak, it has increased manifold, owing to the rise in remote working. It’s be ...
A complete breakdown of the US Commercial Drivers Licenses
In the United States of America to operate any type of large automobile, you need a license. This i ...
How you can pay off student debt while you work
Student loan debt is a crisis that has been making its way through The United States for quite some ...
Millennials Care About These 8 Things at Their Workplace - Are Your Offering Those?
Millennials are considered to be social people, who live by the ‘work hard play hard’ mantra and ar ...
Comments