Can You Actually Survive A Layoff?

COVID-19 has closed down thousands of businesses, stores, and restaurants have millions of workers laid off or put on furlough. As of April 30, 2020, 30 million working Americans filed an initial unemployment claim - that’s nearly 20% of the total workforce. In order to help compensate for the millions now out of a job, unemployment benefits are being expanded to more people. Not only furloughed or laid off employees are being helped by the new Coronavirus Aid, Relief, and Economic Security Act, or CARES, which is giving out a $2.2 trillion stimulus to a wide array of relief and stimulus programs, but many other groups are also being assisted. If you have a partial loss in income, such as reduced hours during times when you can work or are laid off or furloughed from one job and still have another, you still can get benefits from CARES. 

Learn more about how to apply for these benefits and how to best apply them here. You can survive a layoff!