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How budget cuts and restrictive policies hobbled the unemployment insurance system

Problems from the surge of jobless claims reflect years of cutbacks and greater restrictions on eligibility. Problems from the surge of jobless claims reflect years of cutbacks and greater restrictions on eligibility......»»

Category: topSource: latimesApr 30th, 2020

State employee layoffs likely without more federal help, top financial officers warn

Layoffs, furloughs and other unpleasant cuts are on the way in D.C., Maryland and Virginia without a massive increase in federal coronavirus relief, according to some of the Washington region’s top budget minders. As the exact contours of the pa.....»»

Category: topSource: bizjournalsApr 30th, 2020

Columbus McKinnon downgraded to Neutral on customers" budget cuts at Sidoti

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 30th, 2020

3 Reasons Why Real Estate Professionals Should Not Cut Their Marketing Budget During COVID-19

Since the “stay-at-home” order went into effect due to the coronavirus pandemic, massive budget cuts have been occurring throughout the v.....»»

Category: realestateSource: rismediaApr 26th, 2020

Google Announces Further Hiring And Marketing Budget Cuts

Alphabet Inc's (NASDAQ: GOOG) Google announced Thursday plans to halt hiring and cut down marketing budgets in non-essential businesses in the second half of 2020. read more.....»»

Category: blogSource: benzingaApr 24th, 2020

North Richland Hills to make budget cuts due to COVID-19 crisis

North Richland Hills officials announced the city plans to make budget cuts due to economic loss from the COVID-19 crisis. Budget cuts will be made for all full-time employees, officials said in a news release Thursday. The City will also close n.....»»

Category: topSource: bizjournalsApr 23rd, 2020

De Blasio cuts costs, taps reserves after $7 billion hit

Mayor Bill de Blasio proposed an $89.3 billion budget for next year, $6 billion smaller than he had planned in January, relying on spending cuts and drawing from reserves to make up for an expected... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 18th, 2020

UNC System cuts budget request as it faces revenue shortfalls

The UNC System has passed an amended budget request to the state that is reduced from its former request as the system looks to "tighten its belt" in the face of the economic fallout of COVID-19. The system's Board of Governors met remotely on Friday t.....»»

Category: topSource: bizjournalsApr 17th, 2020

CityWatch: New York’s shutdown extended to mid-May as social distancing appears to be working

Mayor Bill de Blasio also revealed the proposed budget for 2021 with “over $2 billion in very tough budget cuts.”.....»»

Category: topSource: marketwatchApr 16th, 2020

More than 2,100 U.S. cities brace for budget shortfalls due to coronavirus, survey finds, with many planning cuts and layoffs

More than 2,100 U.S. cities a.....»»

Category: topSource: washpostApr 14th, 2020

More than 2,100 U.S. cities brace for budget shortfalls due to coronavirus, new survey finds, with many planning cuts and layoffs

More than 2,100 U.S. cities a.....»»

Category: personnelSource: nytApr 14th, 2020

Denver could see major budget cuts as it faces $180M in lost tax revenue

Officials must now choose between options such as project halts, program cutbacks and possibly staff furloughs......»»

Category: topSource: bizjournalsApr 13th, 2020

Here"s what the fiscal emergency declaration means for Montgomery County

Montgomery County is slashing its budget in an attempt to mitigate revenue losses due to COVID-19. Here's where those cuts are being made, and what it means for county operations moving forward......»»

Category: topSource: bizjournalsApr 9th, 2020

Marathon Oil cuts capex budget further, plans "frac holidays" in the second quarter

M.....»»

Category: topSource: marketwatchApr 8th, 2020

A timeline of how years of missteps and budget cuts undermined the Trump administration"s preparedness for COVID-19

A timeline of how years of missteps and budget cuts undermined the Trump administration"s preparedness for COVID-19.....»»

Category: topSource: businessinsiderApr 7th, 2020

Here"s why millions of Americans are struggling to file for unemployment benefits at a time when they"ve never been more generous

Associated Press State unemployment systems are overwhelmed across the US due to a massive surge of laid-off workers filing for benefits. Budget cuts, poor staffing, and old technology are key problems hobbling state safety nets nationwide. "We haven't m.....»»

Category: topSource: businessinsiderApr 7th, 2020

Exxon cuts capital budget by 30% during coronavirus, makes hand sanitizer ingredient

Exxon Mobil Corp. plans to lower operating spending and reduce its capital budget as the oil company grapples with weaker crude prices......»»

Category: topSource: foxnewsApr 7th, 2020

ExxonMobil cuts 2020 capex budget by 30% as it works to combat low oil price, weaker demand

Exxon Mobil Corp. said Tuesday it is reducing its 2020 capex budget by 30% and lowering cash operating expenses by 30% as it works to combat the effect of lower commodity prices due to ov.....»»

Category: topSource: marketwatchApr 7th, 2020

More than 55,000 public health jobs were eliminated due to budget cuts after the 2008 financial crisis, leaving the US more vulnerable to the coronavirus outbreak

Carlos Osorio/AP After the 20.....»»

Category: topSource: businessinsiderApr 6th, 2020

Phoenix considers service cuts, layoffs as revenue dries up due to COVID-19

No matter when the city's economy turns around as the effects of the coronavirus eventually fade, Phoenix is facing big deficits. Deputy City Manager Jeff Barton outlined a brutal budget forecast for 2021 in a teleconferenced planning meeting on March .....»»

Category: topSource: bizjournalsApr 3rd, 2020