Buck Bully
[The Motley Fool] Talk about a dire situation. The COVID-19 outbreak has clearly done a number of the U.S. economy, plunging it deep into a recession and sending unemployment levels skyrocketing. In fact, jobless claims reached a record high in April, and while things improved slightly in May and June, new restrictions could send […]
[ABC NEWS] One town has 35% unemployment, higher than the peak of the Great Depression. Nearly 70,000 in Hawaii still waiting on unemployment benefits. The state’s labor department says the delay is largely due to outdated technology and a historic number of claims. Peter Yee has been furloughed from his […]
[VOX, GETTY IMAGES] People who can’t work from home don’t have the luxury of calculating coronavirus risk. Joe is one of millions of workers who takes his life into his hands as reopenings around the US mean people are returning to work. At the Target Starbucks where he works, the […]
[ABC NEWS] The new filings have leveled off some but remain at historically high levels. More than 1.5 million American workers filed jobless claims last week as the coronavirus crisis wages on, the Department of Labor said Thursday, the fewest number of filings since the crisis began. The number of […]
[Forbes, Getty Images] We’ve just passed Memorial Day weekend. Some states have started reopening, while others are beginning to focus on gradually easing up on restrictions. Before you know it, we’ll be close to some getting back to business. With a ray of hope on the horizon, here are four […]
[MarketWatch] Democrats want to extend the payout window, but Republicans say the benefits are too rich As federal lawmakers debate another relief package for the coronavirus pandemic that’s put approximately 35 million Americans out of work, a new study shows how generous (or not) the added unemployment benefits were in the initial stimulus […]
[The New York Times, Getty Images] Finding work for a generation has become a major priority for the country’s leaders, who have promised a better life in exchange for a lack of political freedom. Before China can fully recover from the devastation of the coronavirus outbreak, it needs to find people […]
[Business Insider] Career coach Lynn Taylor offers four tips for getting ahead in a bleak job market: Recent graduates are at risk of being unemployed as a result of the coronavirus pandemic. Lynn Taylor, a national workplace expert, told Business Insider that recent graduates should not panic. She said they […]
[Forbes, Getty Images] Whether the economic impact of the coronavirus caused you to be furloughed or limited your income, you might wonder what you can do now to prepare for a post-coronavirus job market. Global pandemic aside and regardless of a recession, it’s always a good idea to build resiliency […]
[NBC NEWS, AP] Most of those losses came from food services. WASHINGTON — The economic impacts of COVID-19 become more apparent with each new set of job and sales figures, but the pain is not spread evenly. Some industries have taken much harder hits than others, leaving many people insulated […]