Employment
Banks have been quick to respond with customer-driven programs that may be forsaking short-term revenue gain, preserving the longer-term relationships that will be valuable once the recovery begins While the Small Business Administration is forgoing traditional loan structures with banks…
more
Unemployment claims were in excess of six million for the second week in a row, due to COVID-19, bringing the numbers to nearly 17 million over the last few weeks. For the week ended April 4, claims were 6.06 million,…
more
The CDC has issued guidance for critical infrastructure employees who might have been exposed to someone with COVID-19 to return to work. Critical-infrastructure employees are considered those who work in 16 different sectors, including those in law enforcement, janitorial staff,…
more
The Royals could actually be playing ball in May -- but in Arizona. It's potentially great news for baseball fans, but it will undoubtedly leave a hole in the local economy if the games aren't played at Kauffman Stadium. ESPN…
more
A recent report has some disturbing news for rural hospitals saying one in four of them could close to do worsened conditions heightened by COVID-19, and Kansas is one of the most at-risk states. An annual report by Guidehouse says…
more
U.S. Reps. Emanuel Cleaver of Kansas City and William Lacy Clay of St. Louis have written President Trump to express concerns about banking-system bottlenecks with the new federal loan program designed to help U.S. businesses avoid layong off workers during…
more
Port KC has adopted a policy to fast-track e-commerce and manufacturing projects in distressed census tracts in an effort to bring more jobs to those areas The hope is that these quickly approved industrial projects could bring jobs with strong…
more
Now that Boeing is no longer taking orders from its plants in Washington State and South Carolina, it is reducing pay by 20 percent for its executives and implemented workforce reductions for 2,800 employees in Wichita, which will undoubtedly have…
more
Despite a rise in new building permits issued metro-wide for the month of February, early signs show that numbers will decline for the month of March as people and company’s heed government issued stay-at-home orders. In the greater Kansas City…
more
Missouri and Kansas have been able to dodge the construction-ban bullet, but four states—New York, Pennsylvania, Michigan and Vermont—have called a halt to construction, and while nine others have instituted some restrictions. Work is progressing in 38 states and the…
more