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Wednesday, July 29, 2020

Back to work doesn’t mean back to spending as before - Marketplace

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The end of July marks a grim transition for tens of millions of Americans hurt financially by the COVID-19 pandemic. The federal moratorium on evictions ended July 24, and the extra $600 a week in expanded unemployment benefits expires July 31.

We’ve been checking in with two workers, April Oliver and Maria Barillas, since the pandemic was declared in March about how their economic lives have changed month to month. Here’s the latest.

April Oliver

Oliver is an environmental scientist who recently started a new job after graduating in December. She began working in April — her start date was delayed due to the pandemic. She feels safe and comfortable at the lab, because everyone can easily keep their distance and they’ve “been wearing masks from the beginning.”

But, despite the new job, Oliver said she and her partner are struggling to save money because “he has quite a lot of student debt.” They recently moved into a more affordable apartment.

Maria Barillas

Barillas has been in the restaurant industry for the past four years. In mid-March she was laid of from her job due to the coronavirus outbreak. After the layoff, Barillas began collecting unemployment insurance, along with the extra $600 that was added because of this crisis. Recently, she began a job at a new restaurant with outdoor dining and take out.

Unlike Oliver, Barillas doesn’t have a comfortable level of social distancing at her job. “The first week was probably the worst week,” she explained, because she had to adjust to “being around so many people.” Because she relies on tips, she said it’s hard to ask someone to put a mask on or enforce other health protocols.

The amount of Barillas’ restaurant paycheck is less predictable than her unemployment check, and because she’s working part time, it’s less money. Consequently, she watches her spending more, asking herself, “Should I spend $50 on that thing?” And thinking, “Maybe I’ll table that and see how my paycheck looks the next two weeks.”

It’s still the question on everyone’s minds: What’s the latest on the extra COVID-19 unemployment benefits?

As of now, those $600-a-week payments will stop at the end of July. House Democrats want to extend the payments. Senate Republicans have proposed giving the unemployed 70% of their most recent salary by this October, when state unemployment offices have had time to reconfigure their computer systems to do those calculations. Until then, jobless workers would just get another $200.

What’s the latest on evictions?

For millions of Americans, things are looking grim. Unemployment is high, and pandemic eviction moratoriums have expired in states across the country. And as many people already know, eviction is something that can haunt a person’s life for years. For instance, getting evicted can make it hard to rent again. And that can lead to spiraling poverty.

Which retailers are requiring that people wear masks when shopping? And how are they enforcing those rules?

Walmart, Target, Lowe’s, CVS, Home Depot, Costco — they all have policies that say shoppers are required to wear a mask. When an employee confronts a customer who refuses, the interaction can spin out of control, so many of these retailers are telling their workers to not enforce these mandates. But, just having them will actually get more people to wear masks.

You can find answers to more questions on unemployment benefits and COVID-19 here.

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July 30, 2020 at 03:34AM
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Back to work doesn’t mean back to spending as before - Marketplace

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