US: The historic $2 trillion CARES Act will be an economic lifeline for gig workers and freelancers

Submitted by pmassetti on
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  • The $2 trillion federal stimulus package known as the CARES Act, signed into law by President Trump on Friday, will be a lifeline to many gig workers and freelancers.
  • The law takes unprecedented steps to provide a social safety net for the self employed.
  • It offers an additional $600 a week in unemployment insurance, bringing weekly payouts to the $800- to $900-a-week range when state benefits are added, to workers including the self-employed.
measures summary
  • The $2 trillion federal stimulus package known as the CARES Act, signed into law by President Trump on Friday, will be a lifeline to many gig workers and freelancers.
  • The law takes unprecedented steps to provide a social safety net for the self employed.
  • It offers an additional $600 a week in unemployment insurance, bringing weekly payouts to the $800- to $900-a-week range when state benefits are added, to workers including the self-employed.
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