Spending dropped, savings dwindled for U.S. unemployed after enhanced benefits expired: study

Capt. John

Jobless Americans who received enhanced unemployment benefits during the pandemic were able to boost spending and pad up their savings for a time. But the majority of those savings were spent quickly after emergency benefits expired, a study released on Friday found, suggesting many of the unemployed may need more financial help soon. People receiving …

The post Spending dropped, savings dwindled for U.S. unemployed after enhanced benefits expired: study first appeared on Hellenic Shipping News...

https://www.hellenicshippingnews.com/spending-dropped-savings-dwindled-for-u-s-unemployed-after-enhanced-benefits-expired-study/

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