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July 11, 2020

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Real-time data is showing that the coronavirus is causing ‘widespread’ economic damage

CNBCJuly 10, 2020July 10, 2020

by CNBCJuly 10, 2020July 10, 202009

CNBC – For more and to sign up click here Servers wear masks as musicians play in the street for patrons of the 1803 restaurant in lower Manhattan during phase 3 of the coronavirus pandemic on July 09, 2020 in New York. Roy Rochlin | Getty Images Surging coronavirus cases......

Yes, you can restart unemployment benefits if you’re laid off again

CNBCJuly 10, 2020July 10, 2020

by CNBCJuly 10, 2020July 10, 202007

CNBC – For more and to sign up click here Yes, you can restart unemployment benefits if you’re laid off again SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...

British government picking up half of restaurants tabs to help boost economy

NYPostJuly 9, 2020July 9, 2020

by NYPostJuly 9, 2020July 9, 202000

Brits dining out in restaurants will have the cost of half of their meals picked up by the Government in an attempt to get them out and spending. The innovative scheme is aimed at kick-starting economic growth and boosting the hospitality sector, which has been hit hard by the lockdown.......

Fewer Americans may get a second stimulus check. What we know about the next round of payments

CNBCJuly 9, 2020July 9, 2020

by CNBCJuly 9, 2020July 9, 202008

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Jobless claims at better than expected 1.3 million, total getting benefits falls to 18 million

CNBCJuly 9, 2020July 9, 2020

by CNBCJuly 9, 2020July 9, 2020012

CNBC – For more and to sign up click here Weekly jobless claims were lower than expected last week as workers slowly returned to their jobs in the wake of rising coroanvirus cases. Claims totaled 1.314 million, compared to the 1.39 million expected from economists surveyed by Dow Jones. The......

Fed’s Bullard sees unemployment falling to as low as 7% this year

CNBCJuly 8, 2020July 8, 2020

by CNBCJuly 8, 2020July 8, 2020010

CNBC – For more and to sign up click here St. Louis Federal Reserve President James Bullard expressed optimism in the pace of the U.S. economic recovery, saying the unemployment rate could fall substantially by the end of the year. With the current jobless level at a post-World War II......

Two-thirds of laid off workers eligible for benefits that exceed their wages: NBER paper

CNBCJuly 8, 2020July 8, 2020

by CNBCJuly 8, 2020July 8, 202005

CNBC – For more and to sign up click here People line up outside Kentucky Career Center prior to its opening to find assistance with their unemployment claims in Frankfort, Kentucky, U.S. June 18, 2020. Bryan Woolston | Reuters Layoffs associated with the coronavirus pandemic have hit lower-income workers much......

Last-minute tax filing tips ahead of July 15 deadline

CBS NewsJuly 7, 2020July 7, 2020

by CBS NewsJuly 7, 2020July 7, 2020012

CBS News – For more and to sign up click here Watch CBSN Live CBS News business analyst Jill Schlesinger joins “CBS This Morning” with advice for last-minute tax filers. Copyright © 2020 CBS Interactive Inc. All rights reserved. Source link To Return to the Main Aggregate News Page –......

Cuts to basic services loom as coronavirus ravages local economies and sends states into fiscal crisis

CNBCJuly 7, 2020July 7, 2020

by CNBCJuly 7, 2020July 7, 2020011

CNBC – For more and to sign up click here People wait in line as SF-Marin Food Bank hands out 1600 food bags in San Francisco on April 20, 2020. Work furloughs and layoffs created by coronavirus shelter-in-place orders are driving thousands to seek food assistance. San Francisco Chronicle |......

Summer festival workers forced to seek other income sources amid pandemic

CBS NewsJuly 5, 2020July 6, 2020

by CBS NewsJuly 5, 2020July 6, 202001

CBS News – For more and to sign up click here CBS News is chronicling what has changed for the lives of residents across the nation in 2020 amid the coronavirus pandemic. Spring and summer in San Francisco are typically the busiest seasons of the year for Stephanie Mufson. Her small......

Traineeships to triple as unemployment fears mount

BBCJuly 5, 2020July 5, 2020

by BBCJuly 5, 2020July 5, 2020013

https://www.bbc.co.uk/news/business-53301076 Image copyright Getty Images The government is pledging to provide 30,000 new traineeships to get young people in England into work, as fears about mounting unemployment increase. Traineeships provide classroom-based lessons in maths, English and CV writing, as well as up to 90 hours of unpaid work experience. Under......

Face The Nation: Scott Gottlieb, John Bolton, Mark Zandi, Stephen Kaufer

CBS NewsJuly 5, 2020July 5, 2020

by CBS NewsJuly 5, 2020July 5, 2020011

CBS News – For more and to sign up click here Watch CBSN Live Missed the second half of the show? The latest on coronavirus, Russian-paid bounties on American soldiers, the latest jobs report and travel in the COVID era Copyright © 2020 CBS Interactive Inc. All rights reserved. Source......

11 companies hiring right now for remote, part-time roles

CNBCJuly 3, 2020July 3, 2020

by CNBCJuly 3, 2020July 3, 202002

CNBC – For more and to sign up click here As Covid-19 cases continue to rise across the country, millions of Americans are fearful of returning to work outside the home. To cope with the pandemic’s impact, several businesses that are in a position to hire have shifted operations to......

A breakdown of where the jobs are coming back and where they may never fully return

CNBCJuly 2, 2020July 2, 2020

by CNBCJuly 2, 2020July 2, 2020012

CNBC – For more and to sign up click here Customers sit at tables separated by dividers outside Boucherie restaurant in the West Village as New York City moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 26, 2020. Noam Galai | Getty......

Trump says economy is ‘roaring back’ after record jobs report

NYPostJuly 2, 2020July 2, 2020

by NYPostJuly 2, 2020July 2, 202000

WASHINGTON — President Trump returned to the White House briefing room on Thursday to celebrate the nation’s falling unemployment rate, describing it as “spectacular news for American workers and American families.” “Today’s announcement proves that our economy is roaring back. It’s coming back extremely strong,” the president told reporters, promising......

Job gain of 4.8 million in June smashes expectations; unemployment rate falls to 11.1%

CNBCJuly 2, 2020July 2, 2020

by CNBCJuly 2, 2020July 2, 2020017

CNBC – For more and to sign up click here Nonfarm payrolls jumped by 4.8 million in June and the unemployment rate fell to 11.1% as the U.S. continued its reopening from the coronavirus pandemic, the Labor Department said Thursday. Economists surveyed by Dow Jones had been expecting a 2.9......

US economy adds 4.8 million jobs in June as coronavirus surges

NYPostJuly 2, 2020July 2, 2020

by NYPostJuly 2, 2020July 2, 202000

The US economy added a record 4.8 million jobs last month as the nation continued an economic rebound that’s now threatened by a surge in coronavirus infections, new data show. Thursday’s closely watched June jobs report showed a better-than-expected recovery in the labor market as states forged ahead with reopening......

Extra $600 in pandemic unemployment aid may end a week early for some

CBS NewsJuly 1, 2020July 1, 2020

by CBS NewsJuly 1, 2020July 1, 2020014

CBS News – For more and to sign up click here Some of the roughly 33 million workers who are now claiming unemployment benefits may be in for an unwelcome surprise next month. The extra $600 in weekly unemployment benefits that are due to expire on July 31 may end......

17.6 million unemployed Americans probably won’t return to their pre-pandemic jobs

CNBCJuly 1, 2020July 1, 2020

by CNBCJuly 1, 2020July 1, 2020013

CNBC – For more and to sign up click here Just over 1 in 10 Americans who are out of work because of the coronavirus pandemic don’t have a good chance of getting called back to their old jobs, according to recent research from the Economic Policy Institute, a left-leaning......

CNBC - Real Estate

San Francisco apartment rent prices are dropping fast as tech companies embrace remote work and unemployment rises

CNBC Real EstateJuly 1, 2020July 1, 2020

by CNBC Real EstateJuly 1, 2020July 1, 2020017

Focqus, LLC | iStock | Getty Images New monthly data from apartment rental platform Zumper shows San Francisco rents were down nearly 12% year over year in June, making the city’s decline the largest in the nation, and a record slide for San Francisco. It’s also the second consecutive month......

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