In economic downturns, Europe depends on existing programs to pump money into people's pockets, while the U.S. relies on Congress to pass emergency stimulus programs.
before the coronavirus struck. But that average could range from $215 in Mississippi to $543 in Hawaii. The federal rescue package gave jobless workers an additional $600 a week through July. It also extended benefits to those who lost work as a result of the coronavirus outbreak, which could include parents who needed to leave their jobs because schools were closed. Most states offer six months of unemployment, but the emergency legislation adds 13 weeks.
And there’s Europe’s short-hours programs, which pay most of worker salaries if companies put them on shorter hours through a temporary disruption. More than 10 million workers are being paid that way in Germany and about 12 million in France, helping hold eurozone unemployment to only a 0.1 percentage point increase in March over February, to 7.4%.
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