Employment
Congress will reportedly consider a new stimulus bill within the next month, and Senate Majority Leader Mitch McConnell reportedly said it would be the last stimulus for businesses due to COVID-19-related losses. The House has already passed a bill called…
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Boeing is laying off 6,770 employees, which will reportedly reduce the aircraft manufacturers' headcount by 10 percent. “Following the reduction-in-force announcement we made last month, we have concluded our voluntary layoff (VLO) program,” CEO Dave Calhoun said in a memo…
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About 31 percent of small businesses have closed during the pandemic, and only 45 percent will hire back their workers, according to a Facebook survey. But more than half of those companies are encouraged by the reopening of the economy…
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Just over 2.1 people filed for unemployment insurance for the week ended May 23, which was a decline of 323,000 from the prior week. The insured unemployment rate actually dropped to 14.5 percent, which was a decline of 2.6 percent,…
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The forecasts coming in for May unemployment are grim, with economists saying that an additional 10.3 million jobs could be lost in May, on top of the 20.3 million in April. "It is looking like May is shaping up to…
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A few days after meeting with the Jackson County Legislature requesting $54.5 million in CARES Act funding, Kansas City Mayor Quinton Lucas wants to see about half of those funds expedited. In a letter to the legislature, he asked for…
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Just more than 2.4 million filed unemployment claims during the week ended May 16, which was an improvement of 249,000 from the prior week, according to the U.S. Department of Labor. However, with that addition there have been about 39…
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The numbers suggest COVID-19 is easing its pandemic grip on the U.S., and with states lifting restrictions on business activity, tens of thousands of business owners will be trying to come up with their own answers to a shared question:…
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The Department of Agriculture released details on how the $19 billion in relief for farmers will be given out to recipients. Farmers that have suffered a loss of five percent or more are eligible for up to $250,000 per person.…
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April's unemployment rate hit a dismal 14.7 percent, and the construction industry was no different. It lost 975,000 jobs over the month, in an industry that was having trouble finding workers before COVID-19 hit. Though other industries faced a tougher…
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