by mujair | Aug 6, 2020 | Business & Finance News
With rising concerns that temporary layoffs are turning into permanent job losses, economists worry what this will mean for workers at the bottom rungs of the labor market — those with the fewest skills and the lowest pay. Workers in low-skill industries like...
by mujair | Jul 29, 2020 | Business & Finance News
They also have some savings — a comfort when more than 40 percent of American households lack cash to cover an unexpected $400 expense. That cushion was crucial last week when the Gards’ air-conditioning system suddenly died. The repair gobbled up what would have been...
by mujair | Jul 23, 2020 | Business & Finance News
In a recent survey, prominent economists across the ideological spectrum were nearly unanimous in saying a lack of jobs, not a lack of willingness to work, is holding back the economy right now. Not a single economist in the survey argued for cutting off extra...
by mujair | Jul 23, 2020 | Business & Finance News
The difficulties facing these workers have multiplied during the pandemic. The current political fight over whether to extend a $600 weekly jobless benefit supplement — which expires at the end of this month — overlooks the total financial toll that the pandemic has...
by mujair | Jul 10, 2020 | Business & Finance News
The number of new state unemployment claims dipped last week, but job losses continue to batter the economy as rising coronavirus cases pushed some regions of the country to reverse course and reimpose shutdown orders on businesses. More than 1.3 million workers,...
