Coronavirus (COVID-19)

With Millions Of Americans Out Of Work, What Comes Next?


The COVID-19 pandemic has upended normal life around the globe, with certain industries, such as restaurants, the hospitality industry and most retail businesses experiencing nothing shy of a meltdown. This has left millions of workers unemployed, governments passing massive stimulus packages, and chaos and uncertainty everywhere. Even with so much uncertainty, here’s what is known about what’s coming next.

Another Stimulus Package – Talks of another federal stimulus bill are well underway in Congress. Three have already been passed, with the most recent one totaling over $2 trillion and including aid for larger businesses, smaller businesses, unemployment benefits and direct stimulus checks to most Americans. Most people who file taxes and have given the IRS their direct deposit information have already received their checks, while paper checks will take longer to arrive in the mail.

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