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More people receiving unemployment benefits than are unemployed, research finds

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As lawmakers on Capitol Hill squabble over the terms of an additional coronavirus relief package, new research shows that there are more Americans claiming unemployment benefits than are actually unemployed.

That scenario is highly unlikely, researchers at the Federal Reserve Bank of St. Louis wrote in a blog post this week, but has become possible because of new measures that loosened requirements to collect benefits implemented as part of the CARES Act. “The specifics of the CARES Act allow people to receive benefits so that they do not have to report to work if their health conditions make it too dangerous,” researchers wrote in a blog post.

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