They don't need jobs because we don't need those people to work. What we need them to do is stay at home.

There shouldn't need to be any debt involved. It should be as simple as printing money (the central bank can do this) and distributing it to the people who need it. Normally this would cause excessive inflation because it would be injecting extra money into the economy. But it shouldn't in this case because it's injecting money that was already there until very recently.