Title: What You Need To Know About Expanded Unemployment Benefits For COVID-19
Headings: What You Need To Know About Expanded Unemployment Benefits For COVID-19
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What You Need To Know About Expanded Unemployment Benefits For COVID-19
Workers will be eligible for a $600 weekly boost on top of regular state unemployment benefits
Gig workers, freelancers, self-employed are eligible
Workers can get company benefits and UI
Generous sick pay and family leave might be available first
The 7-day waiting period to receive benefits could be waived, along with other eligibility requirements
Unemployment application systems are overwhelmed—but keep trying

Content: What You Need To Know About Expanded Unemployment Benefits For COVID-19
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What You Need To Know About Expanded Unemployment Benefits For COVID-19
Kelly Anne Smith
Forbes Advisor Staff
Advisor
Contributor Group
Opinions expressed by Forbes Contributors are their own. Personal Finance
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A woman walks wearing a mask to protect herself from the novel coronavirus (COVID-19) in front of a ... [+]
closed theater in Koreatown, Los Angeles, on March 21, 2020. AFP via Getty Images
As the coronavirus pandemic continues to shut down businesses, millions of workers who have lost their jobs or had their hours slashed—or fear such cutbacks—are scrambling to figure out how they’ll manage financially. The $2 trillion stimulus package agreed on by negotiators for the White House and leaders of both parties in Congress in the early hours of Wednesday includes a big expansion of both the length and amount of unemployment insurance (UI) available. The deal even expands UI to cover gig workers, independent contractors and individuals who are self-employed. If you can’t work or have had your hours cut because of COVID-19, here’s what you need to know now. We’ll update this post as more details of the stimulus and how it will be implemented become available. Workers will be eligible for a $600 weekly boost on top of regular state unemployment benefits
The stimulus bill is giving a federally funded weekly pay boost to those who are unemployed.