Discussion Paper

Unemployment Benefits and Changes under the CARES Act

Abstract: As part of the U.S. response to COVID-19, unemployment insurance recipients are receiving increased weekly payments. For many individuals in the Fifth District, these enhanced unemployment benefits are greater than the wages they earned while at work.

Keywords: Unemployment; COVID-19;

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Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Regional Matters

Publication Date: 2020-05-22