Digital Reporter
Janet is a reporter with the Marketplace digital team.
More than $300 billion will go toward small businesses in the form of loans.
Jobless claims have hit 26 million since the COVID-19 crisis started.
Oil producers would have to pay someone to take oil off their hands.
The chain restaurant Shake Shack received $10 million in small business loans, which it’s now returning.
In the space of four weeks, about 22 million Americans have filed jobless claims.
This is the second largest number on record.
About $349 billion, in the form of loans, has been set aside for small businesses.
Today’s jobs report breaks a more than 9-year streak of job gains.
About 10 million Americans have filed for unemployment over the past two weeks.
Some Americans will see $1,200 checks and expanded unemployment benefits.
