You may have heard that the federal government recently passed two bills totaling more than 6 trillion dollars. From personal checks to citizens, to payments to employers to rehire laid off staff to enhanced steroids, there is something for almost everyone.
This is definitely the largest flow of cash into the world in history, so it’e truly a new season.
Here’s some help if you need to know what all this means for you, personally:
Stimulus Checks
Checks are scheduled to be direct deposited to qualified individuals (at least $1,200) on April 6 and up to four months for those who the IRS does not send refunds to via Direct Deposit.
Here’s Everything You Need To Know About Stimulus Checks
Unemployment
Unemployment as we have know ir over the years has completely changed. Almost everyone now qualifies. A few new changes are: if you were laid off from your any job, the new stimulus bill allows your job to apply for a loan to hire you back immediately (whether or not they are currently open to the public). If your job keeps everyone hired at the levels they had before the pandemic, the loan does not have to be paid back. Also, gig workers, or those without standard schedules as well as entrepreneurs now qualify for unemployment.
You may have heard the term “unemployment on steroids” . This refers to the fact that the government is giving states additional money to add to whatever you qualify for, doubling or even tripling the amount of unemployment you can receive.
Everything You Need To Know About The New Unemployment Law
The government predicts the pandemic to run until June. See our previous post for jobs across the country that are still hiring – and have raised their salaries due to demand.
NYPS 