It’s the equivalent of a $53,500 annualized salary in terms of weekly paychecks. Also, CARES Act extends unemployment through the end of the year (39 weeks). A recent U of Wash study projected states could start easing restrictions in late May to early June. But it’s going to be a slow reopening. The concern is that if the federal government is bankrolling things, the reopening will be slower than necessary.

First of all, you pay income taxes on unemployment income. The additional $600 per week as part of the CARES act is only through July 31st. Then it reverts to just the ase amount - which is whatever percentage of your income (until it reaches a capped amount) that unemployment insurance pays out, which varies by state.

Unemployment benefits are taxable income.