Finance

Any extension of $600 unemployment benefits would help these jobs most

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A view of new York State Department of labor office in Flushing Queens during coronavirus pandemic on April 12, 2020. (Photo by John Nacion/NurPhoto via Getty Images)

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Democrats want to give Americans larger unemployment checks until next year.

Certain workers — particularly those in lower-paying industries like accommodation and food services — stand to benefit from the policy more than others, such as those in finance and insurance.

The difference could be quite stark in certain circumstances.

The $2.2 trillion coronavirus relief package enacted in March enhanced unemployment benefits. More than 33 million Americans have filed for jobless pay since mid-March.

One of the law’s…



Source cnbc.com

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