Cutting unemployment benefits when the pandemic is not yet over, and when its effects on the job market are not fully understood, is idiotic and heartless. The fact is that many industries may not recover from the pandemic for years, if at all.
I can relate at least a little bit to the stress you're feeling. My wife is a chef, and given the number the pandemic did on the hospitality industry up here in Canada, she wound up taking a 33% pay cut when she got a new job a few months ago. On top of that, my work just announced that starting in September we're expected back in the office three days a week. Transit costs for me to get there would work out to about $360/month, which isn't exactly pocket change. Since we're already feeling the financial pinch, that news sent me into a panicky tailspin. My employer's utter unwillingness to even consider a compromise didn't help.
My best advice is to keep your chin up as best you can and keep looking. As others mentioned upthread, there are quite a few work-from-home jobs out there these days. You'd be amazed how much money you save by working from home... not stopping for coffee/breakfast in the morning, not eating out for lunch, etc. The benefits for work/life balance are huge, too.
Times are tough, but you're not alone. I'll keep you in my thoughts and send you good vibes! As my Grammy says, "This too shall pass." 
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