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COVID-19 Economy FAQs
Whats the latest on the extra COVID-19 welfare?
Currently, those $600-a-week payments will stop at the end of July. For many, unemployment payments have actually been a lifeline, but one that is about to end, if nothing modifications. The debate over whether to extend these benefits continues among lawmakers.
With a spike in the variety of COVID-19 cases, are bars and dining establishments shutting back down?
The newest tasks report reveals that 4.8 million Americans went back to work in June. Because of the steep rise in COVID-19 cases in Texas, Gov. Greg Abbott, a Republican, increased constraints on restaurant capabilities and closed bars.
Which organisations got Paycheck Protection Program loans?
The numbers are in– well, at least in part. The federal government has launched the names of companies that got loans of $150,000 or more through the Paycheck Protection Program.
A few of the business individuals are stunned got loans include Kanye Wests style line, Yeezy, TGI Fridays and P.F. Changs. The business you might not recognize, particularly some smaller organisations, were able to hire back staff or partly resume thanks to the loans.
You can find responses to more questions on welfare and COVID-19 here.
For lots of, joblessness payments have been a lifeline, but one that is about to end, if absolutely nothing modifications. The newest tasks report shows that 4.8 million Americans went back to work in June. Due to the fact that of the steep rise in COVID-19 cases in Texas, Gov. Greg Abbott, a Republican, increased constraints on restaurant capacities and closed bars.