A man pushes a cart on the Venice Beach boardwalk in Los Angeles, California, U.S., on Friday, Oct. ... [+] 9, 2015. Photographer: Patrick T. Fallon/Bloomberg © 2015 Bloomberg Finance LPAfter weeks of uncertainty about the extended federal unemployment benefits—the $600 a week that has kept tens of millions afloat—two things have become clear. It won’t happen within eight weeks, after which presumably people would have to settle for $200. On its receipt, Republicans claimed that people wouldn’t return to work because five out of six would make more money from unemployment. Millions of people will be out and not because they’d rather receive unemployment than work.

Source: Forbes July 27, 2020 21:33 UTC