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Unemployment benefits are considered compensation, just like income from a job. Under the CARES Act, the federal government is paying eligible unemployed people an extra $600 a week until July 31. The additional payment is added on to your regular benefits and will be taxed as income. Read more personal finance coverage. Millions of Americans seeking unemployment benefits due to the coronavirus pandemic are...

More than 30 million Americans are seeking unemployment benefits during the coronavirus pandemic. Under the CARES Act, the government expanded the scope of unemployment insurance to pay more money for a longer period of time. The amount and length of pay varies by state, but the CARES Act added an additional 13 weeks to every state's maximum pay period. As long as you are...

Business Insider invites you to a free, live webinar answering questions about US unemployment benefits in the current climate. The Q&A event will take place at 1 p.m. E.T. on Friday, May 1, in Zoom's webinar format. Sign up for the webinar here. Submit emailed questions ahead of time to yourmoney@businessinsider.com. More than 26 million Americans have filed for unemployment benefits in just five...