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||Policy Brief The unemployment benefit boost: Trends in spending and saving when the $600 supplement ended Diana Farrell, Peter Ganong, Fiona Greig, Max Liebeskind, Pascal Noel, Daniel Sullivan, Joseph Vavra October 2020 Unemployment benefits have taken on an unprecedented role in the U.S. economy during the COVID-19 pandemic. The Coronavirus Aid, Relief, and Economic Security (CARES) Act, passed on March 27, 2020, expanded the scope of unemployment benefits in two ways. First, it authorized a $6||McKinsey||, policy brief the unemployment , benefits from the spending , unemployment benefit boost policy , unemployment benefits , checking account , unemployment , unemployment benefit boost , fiona greig , max liebeskind , daniel sullivan , august , jul aug unemployment benefits , jan feb mar apr , spendi||31-Jan-2021||auto-generated|