According to the government, under the financial relief bill signed on Friday, "the average worker who has lost his or her job will receive 100 percent of their salary for up to four full months."
But when will we see it? Millions across America have now lost their jobs, how and when will we see the support from the government come into action?
Understandably many people across the world are terrified about their outgoings. Rent? Bills? It's a scary time to exist - but one man is doing his bit to make tenants feel a lot more secure.
Keep scrolling to find out more...
The government has made a lot of promises over the last month.
@WhiteHouse https://t.co/g2iWGq6KPR— DesPa (@DesPa)1585523403.0
The blanket economy devastation has prompted a fierce debate.How long can the country stay closed for business?
President Trump expressed optimism in late March.
But that's now looking unlikely.
BREAKING: Gov Cuomo says New York will run out of supplies for medical professionals unless he gets immediate help… https://t.co/cB1N5eqULR— Scott Dworkin (@Scott Dworkin)1584978488.0
Now, the White House says guidelines will remain in place until the end of April.
"Every citizen, family, and business can make the difference in stopping the virus. This is our shared patriotic du… https://t.co/uCxKYSi13X— The White House (@The White House)1585836823.0
But new estimates have been released.
The most important thing Americans can do for one another is practice the mitigation strategies in the President's… https://t.co/Cyw609Lxi7— The White House (@The White House)1585834010.0
The secretary of Labour, Eugene Scalia, can't give us answers.
The #FFCRA and its unprecedented paid leave provisions reflect @POTUS’s commitment to supporting American workers a… https://t.co/UifFqzMKxH— Secretary Scalia (@Secretary Scalia)1585768181.0
But he couldn't say when people would actually start receiving the money.
@JoeBiden @Mark_Sheppard Tell us again that the system works, Joe. Tell us it works when our sitting president is w… https://t.co/NrB4x4ZJPG— Lost in Words...he/him (@Lost in Words...he/him)1585170184.0
It won't ever have to be repaid.
We know you have many questions about #COVID19. For the latest information, rely on official sources: For health… https://t.co/5VtYtkGZJ0— Treasury Department (@Treasury Department)1585782215.0
The economists didn't expect it to be this bad.
As a former insurance exec I knew my old industry was out of touch, but this is bad: The industry got some rightwin… https://t.co/zui1pbCpHl— Wendell Potter (@Wendell Potter)1585841536.0
The American job market is imploding like never before.
6.6 MILLION AMERICANS FILED FOR UNEMPLOYMENT LAST WEEK. Double what economists expected. People are losing health… https://t.co/EVAOJQjXFp— Peter Daou (@Peter Daou)1585831563.0
It's a mushroom cloud of bad economic news.
In their new letter backing M4A, top economists note millions face loss of health care "because they're losing heal… https://t.co/4dNzerJcO6— Wendell Potter (@Wendell Potter)1585841538.0
It exposes the extent of the current economic devastation.
I’m no economist but isn’t the sharp line down bad? https://t.co/YSDKz9cPta— Molly Jong-Fast🏡 (@Molly Jong-Fast🏡)1585748331.0
It's only getting worse.
Economist's estimations were completely off.
They have been left wondering how long this carnage can go on...
Goldman Sachs is pledging $300 million to support CDFIs and small businesses amid the coronavirus crisis. “We’re ex… https://t.co/3d8tw54glO— CNBC (@CNBC)1585836609.0
The U.S. unemployment is set to rise another fifteen percent by mid-2020.But there is some positive news, the banks predict that half the economic decline should be recovered by the end of this year, as the cases of coronavirus begin to decline.
The numbers have revealed fresh job losses.These are in the industries that were first hit by the virus, such as hotels and restaurants.
But damage is radiating out of other sectors now too.
Great to hear! CA’s Gov Newsom about @realDonaldTrump “Let me just be candid with you. I’d be lying to you to say… https://t.co/fa840PHQeu— Donald Trump Jr. (@Donald Trump Jr.)1585776079.0
The government has scrambled to prop up the economy.
LIVE: Press Briefing with Coronavirus Task Force https://t.co/CurosT0chF— The White House (@The White House)1585690115.0
The new measures include...
United States has announced financial assistance of 274 million US Dollars to 64 countries including 2.9 million US… https://t.co/EoJxIi6aOI— ANI (@ANI)1585422544.0
Many officials in Washington think that this spending won't be enough.Congress is looking into this and discussing a further round of stimulus.
Hopefully, things will return to normalcy as soon as possible.
Many people are scared.Not only of the virus itself, but of the implications it has regardless. You could lose your job, you mightn't be able to afford your rent? What will you do?
Well one man is doing his bit.Landlords don't have a good reputation globally, however Mario Salerno is restoring the world's faith.
Mario is a landlord.And his tenants realized just how good of a landlord he is when they saw his notes on their doors this week. The note read:
Please note I am waiving rent for the month of April 2020. Stay safe, help your neighbours and wash your hands!!!
Such a hero.After refusing to accept rent for this month, Salerno explained:
I want everybody to be healthy. That’s the whole thing. For me, it was more important for people’s health and worrying about who could put food on whose table. I say don’t worry about paying me, worry about your neighbour and worry about your family.