Spending Dropped, Savings Dwindled For U.S. Unemployed After Enhanced Benefits Expired - Study

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.

from Top Business News- News18.com https://ift.tt/2TbYXPL