Close

jobs

Coronavirus Obliterated Best African-American Job Market on Record

[The Wall Street Journal] The economic situation for black workers was fragile even before the downturn, which means recovery might be slower Near the end of a decadelong economic expansion, African-Americans were finally finding some financial stability. Unemployment had reached record lows, and their wages had begun rising modestly. Anthony Steward, […]

Read More

Laid-off workers are receiving more money in unemployment benefits than they did from their jobs

[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 […]

Read More

Banks are in trouble, but this solution would make Elizabeth Warren’s head explode

[CNN Business] Businesses struggle to rehire workers as states reopen Now PlayingAnother 3 million file unemployment in the last week. New York (CNN Business)Mass unemployment. Mounting bankruptcies. And fears of negative interest rates. It’s a nightmarish time for America’s banks.The mood is so dire that there’s even buzz about a blockbuster merger that […]

Read More