COVID-19 sparked an unemployment crisis that the U.S. has been grappling with since March, and will most likely continue to struggle with through the end of the year.
In April, the jobless rate hit aof 14.7%, and while May and June's numbers were lower , they were still considerably higher than they were prior to the pandemic .
But let's be clear: Double-digit unemployment is still very bad news, and if lawmakers don't find a way to come to terms on a relief package to help the jobless, theEarlier in the year, the CARES Act was passed, and it allowed for a $600 federal weekly boost to unemployment benefits. That boost enabled many jobless workers to replace their missing paychecks in full.
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