Laid-Off Workers Cut Spending, Hunt for Jobs as Extra Unemployment Benefits Run Out

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Laid-Off Workers Cut Spending, Hunt for Jobs as Extra Unemployment Benefits Run Out
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Laid-off workers cut spending, look for jobs as extra unemployment benefits run out. “I don’t have a plan, except to continue to apply for jobs.”

When the coronavirus pandemic struck the U.S. in March, Caroline Mongillo lost her part-time job at a music venue and struggled to find new work in a labor market hampered by the health crisis. But like millions of other laid-off workers, she covered expenses with the $600 a week in extra unemployment benefits provided by the federal government.

Now those benefits have expired and been replaced by a short-term extension at half the rate. The 22-year-old Grand Rapids, Mich., resident has started shopping at the dollar store...

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