Distinct possibility: ‘Temporary’ layoffs may be permanent
Call it realism or pessimism, but more employers are coming to a reluctant conclusion: Many of the employees they’ve had to lay off in the face of the coronavirus pandemic might not be returning to their old jobs anytime soon.
Call it realism or pessimism, but more employers are coming to a reluctant conclusion: Many of the employees they’ve had to lay off in the face of the coronavirus pandemic might not be returning to their old jobs anytime soon.
Unemployment 'could be' nearing Great Depression levels: Mnuchin
More than a decade of job gains were erased in April; the stunning job losses are more than double what the U.S. saw during the 2008 financial crisis.
More than a decade of job gains were erased in April; the stunning job losses are more than double what the U.S. saw during the 2008 financial crisis.
Lost your job? Here's what you need to know
Nearly 33.5 million Americans have lost their jobs and applied for unemployment benefits in the past 7 weeks — a stunning record high that reflects the near-complete shutdown of the U.S. economy.
Nearly 33.5 million Americans have lost their jobs and applied for unemployment benefits in the past 7 weeks — a stunning record high that reflects the near-complete shutdown of the U.S. economy.
Stocks surge as economic recovery hopes put record unemployment in the rearview mirror
The Dow Jones Industrial Average gained over 455 points, or 1.91 percent, while the S&P 500 and the Nasdaq Composite rose 1.69 percent and 1.58 percent, respectively.
The Dow Jones Industrial Average gained over 455 points, or 1.91 percent, while the S&P 500 and the Nasdaq Composite rose 1.69 percent and 1.58 percent, respectively.
3 new tax credits offered to businesses impacted by coronavirus pandemic
The employee retention credit is designed to encourage businesses to keep employees on their payroll, the IRS says.
The employee retention credit is designed to encourage businesses to keep employees on their payroll, the IRS says.
Self-employed workers can now file for pandemic unemployment assistance
The self-employed and others can now file for backdated pandemic unemployment assistance starting Thursday.
The self-employed and others can now file for backdated pandemic unemployment assistance starting Thursday.
Coronavirus stimulus cash: Foreign workers, relatives of dead asked to send $1,200 checks back
Both groups are considered ineligible for the payments.
Both groups are considered ineligible for the payments.
Coronavirus forcing early retirement? Here are your options
More than 30 million Americans have filed for unemployment since mid-March.
More than 30 million Americans have filed for unemployment since mid-March.
Nasdaq turns positive for 2020 as investors bet on economic recovery
U.S. equity futures are pointing to a higher open, the day after the Dow Industrials snapped a two-session winning streak.
U.S. equity futures are pointing to a higher open, the day after the Dow Industrials snapped a two-session winning streak.
Nearly 3.2 million more workers seek jobless aid
Roughly 33.5 million people have now filed for jobless aid in the seven weeks since the coronavirus began forcing millions of companies to close their doors and slash their workforces.
Roughly 33.5 million people have now filed for jobless aid in the seven weeks since the coronavirus began forcing millions of companies to close their doors and slash their workforces.
What should I do if I think my coronavirus stimulus check amount is wrong?
The IRS has sent millions of Americans their coronavirus stimulus payments, but some are not getting the amounts they expected. What should you do if you think your coronavirus stimulus check amount is wrong?
The IRS has sent millions of Americans their coronavirus stimulus payments, but some are not getting the amounts they expected. What should you do if you think your coronavirus stimulus check amount is wrong?
NJ jobless claims at 1M; $2B paid out since outbreak began
More than 1 million New Jersey residents have filed for jobless benefits and the state has paid out about $2 billion since the coronavirus outbreak hit in March, state labor officials announced Thursday.
More than 1 million New Jersey residents have filed for jobless benefits and the state has paid out about $2 billion since the coronavirus outbreak hit in March, state labor officials announced Thursday.
Dow, S&P fall as US-China tensions rise over coronavirus crisis
U.S. equity markets ended the session mixed as investors took in record job losses amid speculation tensions are rising between the U.S. and China over Beijing's handling of the coronavirus crisis.
U.S. equity markets ended the session mixed as investors took in record job losses amid speculation tensions are rising between the U.S. and China over Beijing's handling of the coronavirus crisis.
More than 20 million US jobs vanished in April, ADP report shows
The report from payroll company ADP showed the tragic depth and scale of job losses amid the coronavirus pandemic.
The report from payroll company ADP showed the tragic depth and scale of job losses amid the coronavirus pandemic.
In coronavirus economy, here's how to pay off credit card debt
Your first step right now should be to ask your credit card issuer for a break.
Your first step right now should be to ask your credit card issuer for a break.
Coronavirus stimulus cash: IRS warns VA, SSI recipients about approaching deadline
If some beneficiaries don’t fill out a form by Tuesday they may receive inaccurate payments.
If some beneficiaries don’t fill out a form by Tuesday they may receive inaccurate payments.
Thousands apply for the Pandemic Unemployment Assistance program in Pennsylvania
People who applied to a new federal benefits program for self-employed and gig-economy workers and others barred from receiving traditional unemployment should begin to see the money next week, state officials said Monday.
People who applied to a new federal benefits program for self-employed and gig-economy workers and others barred from receiving traditional unemployment should begin to see the money next week, state officials said Monday.
Stocks erase losses as Nasdaq leads rebound
U.S. equity markets fell Monday amid rising tensions between the U.S. and China and as Warren Buffett said Berkshire Hathaway unloaded its entire stake in airlines.
U.S. equity markets fell Monday amid rising tensions between the U.S. and China and as Warren Buffett said Berkshire Hathaway unloaded its entire stake in airlines.
IRS knowingly sends stimulus check to dead grandmother, wealthy foreigner as vets, other Americans wait
The IRS sees dead people — and apparently pays them too.
The IRS sees dead people — and apparently pays them too.
J.Crew files for Chap. 11 bankruptcy as pandemic smothers retail
The owner of J.Crew is filing for Chapter 11 bankruptcy, two months after the first person in New York tested positive for COVID-19.
The owner of J.Crew is filing for Chapter 11 bankruptcy, two months after the first person in New York tested positive for COVID-19.