Unemployment Insurance and Economic Impact Payments Associated with Reduced Hardship Following CARES Act

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Urban Institute experts examined the economic impacts of recent CARES Act initiatives—such as expanded unemployment insurance (UI) benefits and economic impact (“stimulus”) payments to most households—on U.S. adults. The authors found that UI recipients and those who received stimulus payments experienced less material hardship than nonrecipients. For example, from March/April to May 2020 food insecurity declined by three percentage points among adults who received UI, compared to a slight increase in food insecurity among those who had applied for UI but not yet received it. #workforce #foodsecurity #covid-19

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