Coronavirus unemployment calculator: Find out how much you’ll make

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Millions of Americans are filing for unemployment insurance as the novel coronavirus pandemic forced businesses to lay off or furlough their employees.
The CARES Act guarantees unemployed Americans an additional $600 on top of whatever they would normally receive from the state’s unemployment.
Zippia has created a calculator you can use to determine how much you can make on unemployment.
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One of the most consequential side effects of the novel coronavirus pandemic has been the sudden, staggering rise in unemployment in the US. In March alone, the unemployment rate rose from 3.5% to 4.4%, as 701,000 Americans lost their jobs. Those numbers will only get worse when the full impact of the pandemic can be measured, but in the meantime, millions of Americans are applying for unemployment, many for the first time.

In addition to the $1,200 checks that most adults will be receiving in the coming months, the $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act boosts unemployment benefits by giving Americans an extra $600 a week for the next four months, ending on July 31st or upon employment. The unemployment period increased by 13 weeks in all 50 states as well, so you are less likely to be kicked off before finding a job.

At this point, you might be wondering how much you could expect to make on unemployment. Thanks to the work of career search site Zippia, calculating that number is as easy as using a calculator.

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Coronavirus unemployment calculator: Find out how much you’ll make originally appeared on BGR.com on Wed, 8 Apr 2020 at 11:36:45 EDT. Please see our terms for use of feeds.