Fatter unemployment check are hurting the COVID-19 economic recovery: Goldman

Fatter unemployment check are hurting the COVID-19 economic recovery: Goldman

Much larger unemployment checks as part of the $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act may be hindering the U.S. economic recovery from the worst of the COVID-19 pandemic, suggests researchers at Goldman Sachs. “While the $600/week benefit top-up has been instrumental in stabilizing U.S. household income so far, it has also […]