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At the time the legislation was enacted, more than 50,000 Americans had died from the virus and the pandemic had caused major economic damage, with 26 million people (about 20% of U.S. workers) filing for unemployment assistance over the preceding five weeks. [7] The bill is referred to as "Phase 3.5" of Congress's coronavirus response.
President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
Between the first week of April and the end of June 2020, the three banks originated more than 789,600 PPP loans of the total 4.8 million that were distributed. Bank of America took the lead ...
Women should know that if they were married for 10 years or more and divorced, they may be eligible for benefits based on an ex-spouse’s work record. Like a regular spousal benefit, you can get ...
While one in three of all Americans habitually lives paycheck to paycheck, new research revealed women and Generation Z, or adults ages 18 to 28, currently experience the most financial stress.
On average, combining paid work, household chores and caring for people, women work three hours a week more than men. In fact, the average women will work 54.4 hours a week, and the average man will only work 51.4 hours per week. Despite that, even with a higher educational level, women earn, on average, less than men do.
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[25] [26] However, while it has been used for PPP for over 50 years, the data on its efficacy in PPP specifically is limited to a significant number of case series and various retrospective matched-cohort studies. [25] There are few adverse effects associated with ECT, though short-term memory disturbance (< 6 months) has been reported. [26]