How the Coronavirus Rescue Bill Boosts Unemployment Benefits

Lynn C. Peterson

House and Senate lawmakers approved a bipartisan $2 trillion package of measures aimed at providing relief to businesses and individuals struggling with the impact of the COVID-19 pandemic, which was signed into law by President Trump last Friday. This bill includes a major expansion of unemployment benefits.

Since last week Tennessee has received 39,096 claims for unemployment compared to 2,702 the week prior, a 300% spike in unemployment in this state. With a record 3.3 million Americans filing unemployment claims last week, nearly five times the historic weekly high set at the height of the Great Recession, this bill boosts the unemployment benefits available to those most immediately impacted. Read More Here.

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