Coronavirus relief package will create 1.5M jobs: Analysis

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The $2 trillion coronavirus relief package will create around 1.5 million additional jobs by the third quarter of 2020 and aid the economy’s recovery, according to a new analysis released Wednesday.

President Trump signed the CARES Act into law at the end of March to provide immediate relief to households and affected industries, including through cash payments to low- and middle-income households, larger unemployment benefits, and loans and grants to small businesses that maintain their payroll.

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