The decision to only reopen New York City’s public schools part time in September illustrates the looming threat to businesses.
As unemployment claims keep pouring in, new job postings are lacking, and an end to some benefits is approaching.
Before the pandemic, airlines worried about not being able to replace retiring baby boomers. Eager recruits expect to bear the brunt of layoffs.
While the national jobless rate has rebounded as many states started to reopen, New Yorkers continue to lose jobs and seek benefits.
The pandemic and economic crises have caused many workers to lose their jobs. Some have been detained, abused, deprived of wages and stranded far from home with nowhere to turn for help.
There’s a solution that can appeal to laid-off workers, their previous employers and perhaps Senate Republicans too.
In the pandemic, the United States has relied on expanded unemployment benefits, while European governments have subsidized wages, avoiding a surge in joblessness.
Nearly 70 percent of U.S. Citizenship and Immigration Services employees will be furloughed because the immigration processing fees that fund the agency have plummeted.
Republicans and Democrats are considering new aid for workers and businesses, but lobbyists and lawmakers say the Trump administration is not deeply engaged.
Some 4.8 million positions were added last month, but renewed shutdowns could accelerate the continuing layoffs.
The latest on stock market and business news during the coronavirus outbreak.
The private equity industry, which has led to more than 1.3 million job losses over the last decade, reveals the truth about free markets.
The coronavirus has triggered travel bans that could result in a significant drop in enrollment at top art and design schools.
Real-time data suggest a quick resurgence of business activity is leveling off nationally — and reversing in states like Arizona and Texas.
The United States, with its readiness to fire and hire, normally bounces back faster after a recession. This time, though, Europe’s model may be better.
The European aircraft giant said it didn’t expect air travel to return to pre-virus levels till perhaps 2025.
The program distributed forgivable loans to five million small businesses that could use the money to pay workers to stay home. But shifting rules blunted its effect.
The mayor and City Council pared $1 billion in funding for the Police Department, but nearly half of that would come from budgetary sleight of hand.
Bringing millions of students back to campus would create enormous risks for society but comparatively little educational benefit, an economist says.