The CARES Act Unemployment Machine—68% of Workers Better Off When Furloughed

The authors of the paper find that that 68 percent of the workers who are eligible for unemployment insurance receive benefits that exceed their lost earnings.

What is more, the authors of the paper show that the average benefit is 134 percent of lost earnings with the bottom 20 percent of earners receiving as much as 200 percent of lost earnings. In essence, anyone earning about $1,000 per week or less receives more in unemployment benefits than from working.