- The U.S. has seen a record number of unemployment claims in recent weeks due to the coronavirus.
- The $2 trillion stimulus package passed in March calls for a $600 increase in weekly unemployment benefits.
- Unemployment benefit payouts vary by state, but a video helps provide a rough framework for how the weekly payout amount is calculated.
- Visit BGR’s homepage for more stories.
As the coronavirus pandemic started sweeping across the country in March, all non-essential businesses closed up shop and millions of people found themselves stuck at home without a job. In turn, unemployment claims in the United States quickly reached historic levels. During the last week of March, the number of unemployment applications reached 6.9 million. As a point of contrast, unemployment applications hovered around the 210,000 mark this past January.
Though the volume of unemployment claims has dropped off in recent weeks, it’s still at a historically high level. In short, a large percentage of the U.S. workforce is without work, and there’s no indication as to when the economy might return to a fraction of its previous strength.
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This video shows how to calculate your weekly unemployment payout originally appeared on BGR.com on Thu, 14 May 2020 at 19:05:43 EDT. Please see our terms for use of feeds.
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