Dear Moneyist, I have rented a house behind my own home to someone in the service industry who is out of a job because of COVID-19, and now he can’t pay the full rent. I am fortunate enough to still have a job, but I am heavily in debt with …
Read More »Economic Report: Unemployed workers applying for jobless benefits seen topping 25 million
The record surge in suddenly unemployed Americans likely grew by another 4 million last week to push the total to 25 million or more since the coronavirus pandemic shut down large parts of the U.S. economy a month and a half ago. Initial jobless claims in the seven days running …
Read More »CARES Act allows the unemployed to take on a side gig and still collect benefits — here’s why you should tread carefully
If you’re one of the 6.6 million Americans who filed for unemployment benefits last week there’s a good chance you’re anxiously waiting for a check to arrive in the mail. In the meantime, you might consider taking on gig work. What you may have given less consideration to is how …
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