Quote from hippie:
You are assuming that every freelancer knows the every details of the workaround for the crazy laws. Most of my friends who were also IT contractors simply have 6 months living expense or more set side in case of prolonged down time. 6 months is about the amount of regular unemployment benefits.
Fed used tax money to extend unemployment benefits way beyond what the insurance covers per payroll reduction. This extra federal aid available to the once self-employed.
Some jobs are never going to come back, even if the workers are willing to work half of their old pay. These jobs are gone for good or need a lot fewer workers.
