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‘They asked me to come in and talk — and I knew.’ Like millions of Americans, this 26-year-old lost her job due to coronavirus

Social distancing and shelter in place orders are taking their toll on jobs in industries like entertainment, retail and hospitality......»»

Category: topSource: marketwatchMar 26th, 2020

Donors in Ireland give millions to American Indians hardest hit by coronavirus

The Irish are repaying a 19th century debt of gratitude to Native Americans during the coronavirus pandemic......»»

Category: topSource: moneycentralMay 7th, 2020

Over 33 million Americans lost their job during the pandemic. 77 percent believe they’ll get it back, Post-Ipsos poll finds.

Optimism is high among workers that they can return to their pre-pandemic jobs, but economists warn over millions of job losses are likely to be permanent......»»

Category: worldSource: nytMay 7th, 2020

U.S. unemployment rolls seen swelling as coronavirus restrictions bite

Millions more Americans likely sought unemployment benefits last week, suggesting a broadening of layoffs from consumer facing industries to other segments of the economy and could remain elevated even as many parts of the country start to reopen......»»

Category: topSource: reutersMay 7th, 2020

Option Traders Make Big Bets On American Airlines

American Airlines Group Inc (NASDAQ: AAL) shares lost 2.73% Wednesday and are now down 68.2% year-to-date in the wake of the coronavirus outbreak.  read more.....»»

Category: blogSource: benzingaMay 6th, 2020

Understanding the Virus and Its Unanswered Questions

The novel coronavirus that emerged late last year in central China has infected millions of people around the world. It’s taken health officials time to understand that it behaves in ways atypical of similar viruses, producin.....»»

Category: topSource: washpostMay 6th, 2020

Leaders expect "unified plan" to restart Hawaii economy by end of this week

However economists say tourism is unlikely to start returning to Hawaii before late July and the local economy is expected to regain by year's end only three-quarters of the activity lost to the coronavirus......»»

Category: topSource: bizjournalsMay 4th, 2020

Low-income and younger workers bear brunt of coronavirus-related layoffs

Americans who earn the least are bearing the brunt of the layoffs that have left millions out of work during the coronavirus pandemic......»»

Category: topSource: moneycentralMay 4th, 2020

Low-income and younger workers bear brunt of coronavirus-related layoffs, study finds

Americans who earn the least are bearing the brunt of the layoffs that have left millions out of work du.....»»

Category: topSource: usatodayMay 4th, 2020

Distribution Delays In Unemployment Benefits Seen In Several States 

Distribution Delays In Unemployment Benefits Seen In Several States  Millions of Americans have lost their jobs in the past six weeks, the fastest destruction of the labor force in history, effectively wiping out every job created post-GFC.....»»

Category: blogSource: zerohedgeMay 2nd, 2020

Economic Preview: Millions of lost jobs may push unemployment rate to highest since Great Depression

Unemployment in the U.S. this year might not match the 25% peak during the Great Depression of the 1930s, but it could come pretty close......»»

Category: topSource: marketwatchMay 2nd, 2020

Millions had risen out of poverty. The virus is pulling them back.

How will the hospitality industry survive and thrive post coronavirus? We talk to industry experts and restaurateurs who are coming up with creative ways to pay their staff and reinvent... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 2nd, 2020

How Wells Fargo Championship organizers are looking to future after a lost event this year

Thursday would have been the first day of the Wells Fargo Championship. Instead, it's another example of the many things the coronavirus pandemic has changed this year......»»

Category: topSource: bizjournalsApr 30th, 2020

State Economies Most Likely to Be Crippled by COVID-19

To slow the spread of the novel coronavirus and save lives, millions of Americans nationwide have been urged or ordered by their state or local government to stay at home. In addition to stay-at-home........»»

Category: blogSource: 247wallstApr 30th, 2020

Millions of Americans continue to seek jobless benefits; consumer spending slumps

Millions more Americans filed claims for unemployment benefits last week, suggesting that layoffs were spreading to industries that were not initially directly impacted by business closures and disruptions related to the novel coronavirus......»»

Category: topSource: reutersApr 30th, 2020

Stocks trim record monthly gains as ECB PEPP talk falls flat

World stocks suffered a slip on their way to record monthly gains on Thursday, as the European Central Bank held back from providing another instant hit of stimulus and millions more Americans filed unemployment claims......»»

Category: topSource: reutersApr 30th, 2020

Millions of Americans continue to seek jobless benefits; consumer spending tanks

Millions more Americans filed claims for unemployment benefits last week, suggesting that layoffs were spreading to industries that were not initially directly impacted by business closures and disruptions related to the coronavirus......»»

Category: topSource: reutersApr 30th, 2020

How to improve your chances of getting a refund on your flight, hotel or cruise if you cancel your summer vacation plans

Half of Americans are canceling vacation plans, and many have lost money on nonrefundable travel expenses because of the coronavirus pandemic......»»

Category: topSource: marketwatchApr 30th, 2020

US jobless claims hit 30m on coronavirus lockdowns

More than 3.8 millions Americans filed for unemployment last week, increasing the six-week total to more than 30 million......»»

Category: topSource: bizjournalsApr 30th, 2020

Half of all Americans are canceling their summer vacations — what to expect in refunds from cruise lines, hotels and airlines

Many people who had upcoming vacation plans have lost money on nonrefundable travel expenses because of the coronavirus pandemic......»»

Category: topSource: marketwatchApr 30th, 2020

Millions of Americans likely applied for jobless benefits last week though wave is stabilizing

Millions more Americans likely filed claims for unemployment benefits last week, but the tide appears to be slowing, offering cautious hope of a peak in job losses from business closures and disruptions because of the novel coronavirus......»»

Category: topSource: reutersApr 30th, 2020