Here’s how Treasury Secretary Mnuchin may be wrong about job offers and unemployment

Mnuchin’s claim — that a worker refusing a job offer would be ineligible for unemployment benefits — is generally correct.

However, the CARES Act, the $2.2 trillion coronavirus relief package enacted in late March, offers several Covid-19-related reasons workers could continue collecting unemployment benefits, despite being offered a job.

“If you get recalled to work and are offered a job, you can’t say, ‘No thanks,'” said Betsey Stevenson, a public policy and economics professor at the University of Michigan and former chief economist at the U.S. Department of Labor during the Obama administration.

“But the CARES Act put in some caveats,” she added.

Article source: https://www.cnbc.com/2020/05/20/mnuchin-may-be-wrong-about-small-business-loans-and-unemployment.html