2023 Relief Check Update: Unemployment, Taxes, and Social Security.
TL;DR Summary
The US added 236,000 jobs in March, leading to a small decrease in the unemployment rate to 3.5 percent. Millions of dollars in SNAP benefits have been stolen, and some states continue to distribute stimulus and relief checks. The deadline to submit a 2022 federal income tax return to the IRS is April 18, 2023, and Americans living abroad get an automatic tax filing extension. Supermarket prices have risen at the fastest rate in decades, and deposits at US commercial banks rose for the first time in about a month. Big tech companies have announced layoffs, which pleased investors as it may produce good returns on investment.
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