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
Paid Leave
Networking
Compensation & Benefits
Risk Management
Data Security
Analytical Aptitude
Inclusion, Equity & Diversity
Relationship Management
Mental Wellness
Organizational Structure
Records & Reports
Raise
Dependent Benefits
Performance Management
Workplace Harassment
Employee Conduct
Technology
Intellectual Property
Organizational &
Employment Offers
Employment Law & Compliance
Cybersecurity
Benefits
People Management
Vendors & Software
Recruiting
Job Applications &
Workforce Planning
Global Mindset
Retirement & Recognitions
Disaster Preparation & Response
Electronic Records Management
Labor Relations
Artificial Intelligence
Work Life Integration
Hiring
Learning & Development
Employee Data Privacy
Business Continuity
Hiring & Firing
Employee Resource Groups
Parental Leave
Whistleblowing
Termination
Flexible Spending Account
Health Care Benefits
Opening & Closing
Overtime Pay
Retention
Contracts & RFPs
Tags
Article
Driver Jobs to Watch Out For
If you love being on the road, if you love driving with the wind rushing through your hair, if your ...
Know the Work Habits of Highly Effective Employees
The employees are the most valuable assets of any organization. It’s their credibility, efficiency, ...
Top paying Careers in 2021
The economy may be taking its time with recovery, but hiring and job hunting are at an all-time hig ...
What Are the Costs to Consider While Planning A Recruitment Budget?
If your organization is on a hiring spree too, one of the key things to consider is the recruitment ...
Comments