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Re:The San Francisco Bay Area shelter-in-place order is bein... by rayiner on Tuesday April 28, 2020 @02:05AM (#23003925)
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.
Re:The San Francisco Bay Area shelter-in-place order is bein... by Scipio_Afri on Tuesday April 28, 2020 @03:48AM (#23004587)
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.