Census survey: Younger people, low-income households facing food, financial struggles amid pandemic
The data comes from a U.S. Census Household Pulse Survey that was released on June 17.
The data comes from a U.S. Census Household Pulse Survey that was released on June 17.
IRS permits more Americans to tap retirement accounts without penalty
IRS permits more Americans to tap retirement accounts without penalty.
IRS permits more Americans to tap retirement accounts without penalty.
McDonald’s plans to hire 260,000 workers this summer
The roles are part of the company’s seasonal hiring effort, with both full- and part-time opportunities.
The roles are part of the company’s seasonal hiring effort, with both full- and part-time opportunities.
Fed Chairman Jerome Powell warns that long downturn would mean severe damage
“The longer the downturn lasts, the greater the potential for longer-term damage from permanent job loss and business closures,” Powell said. “Long periods of unemployment can erode workers’ skills and hurt their job prospects.”
“The longer the downturn lasts, the greater the potential for longer-term damage from permanent job loss and business closures,” Powell said. “Long periods of unemployment can erode workers’ skills and hurt their job prospects.”
Second coronavirus stimulus check could be coming — what you should do to save more money now
If your loans aren’t forgiven, you still have options.
If your loans aren’t forgiven, you still have options.
1.5 million more laid-off workers seek unemployment benefits
About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.
About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.
Dunkin’ to hire 25,000 employees
With millions of Americans unemployed, Dunkin is aiming to hire thousands of workers as restaurants across the country reopen after coronavirus-related closures.
With millions of Americans unemployed, Dunkin is aiming to hire thousands of workers as restaurants across the country reopen after coronavirus-related closures.
BP to cut 10,000 jobs worldwide amid COVID-19 pandemic
Chief Executive Bernard Looney said that the cuts will affect office-based roles in BP’s global workforce of 70,000 people and come mostly this year.
Chief Executive Bernard Looney said that the cuts will affect office-based roles in BP’s global workforce of 70,000 people and come mostly this year.
Despite global reopening push, some jobs are gone for good
Factories and stores are reopening, economies are reawakening – but many jobs just aren’t coming back.
Factories and stores are reopening, economies are reawakening – but many jobs just aren’t coming back.
US unemployment drops unexpectedly to 13.3% amid outbreak
The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers.
The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers.
FTC warns of ‘large scale’ unemployment fraud scam amid coronavirus pandemic
The Federal Trade Commission (FTC) is warning of a “large-scale scam erupting in the midst of the coronavirus pandemic” involving impostors who are filing claims for unemployment benefits using the personal information of people who have not filed any claims.
The Federal Trade Commission (FTC) is warning of a “large-scale scam erupting in the midst of the coronavirus pandemic” involving impostors who are filing claims for unemployment benefits using the personal information of people who have not filed any claims.
1.9 million seek jobless aid even as reopenings slow layoffs
Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace of layoffs.
Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace of layoffs.
Coronavirus could cause multitrillion-dollar decline in US economic output, new report shows
CBO expects a 'significant markdown' in GDP over the coming decade.
CBO expects a 'significant markdown' in GDP over the coming decade.
Interest rates are low right now — do these 3 things to earn more money
With interest rates in decline, where can a saver go to pad their portfolio? These three landing spots make the grade.
With interest rates in decline, where can a saver go to pad their portfolio? These three landing spots make the grade.
Amazon says most of its pandemic hires can remain as full-time employees
Amazon will convert 125,000 of the 175,000 temporary roles hired since March to permanent jobs if employees would like to stay at Amazon long term.
Amazon will convert 125,000 of the 175,000 temporary roles hired since March to permanent jobs if employees would like to stay at Amazon long term.
Mortgage interest rates vary by lender — how to compare offers
Want to save money on your monthly mortgage payment and over the long haul? Comparison-shopping is the key.
Want to save money on your monthly mortgage payment and over the long haul? Comparison-shopping is the key.
41 million have lost jobs since virus hit, but layoffs slow
About 41 million people have now applied for aid since the virus outbreak intensified in March, though not all of them are still unemployed.
About 41 million people have now applied for aid since the virus outbreak intensified in March, though not all of them are still unemployed.
How to choose the best student loan refinancing offer
Refinancing your student debt could save you cash. Here’s how to go about it right.
Refinancing your student debt could save you cash. Here’s how to go about it right.
It’s not junk mail: Coronavirus stimulus payment debit cards come in plain envelope
Some have reportedly mistaken their Economic Impact Payment debit cards as junk mail after being confused by the envelope.
Some have reportedly mistaken their Economic Impact Payment debit cards as junk mail after being confused by the envelope.
Stocks soar on reopening optimism
U.S. equity markets surged to their best levels in months as states continued to reopen and as traders returned to the New York Stock Exchange for the first time since shutting down on March 23 to slow the spread of COVID-19.
U.S. equity markets surged to their best levels in months as states continued to reopen and as traders returned to the New York Stock Exchange for the first time since shutting down on March 23 to slow the spread of COVID-19.