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The Conversation: Why widespread health problems could follow from high unemployment during the pandemic

Losing a job can mean decades of health problems, which is a good enough reason to prevent layoffs......»»

Category: topSource: marketwatchMay 26th, 2021

3 million Americans filed jobless claims last week, pushing eight-week total to 36.5 million

Roughly 3 million people filed for unemployment benefits last week, the Labor Department reported on Thursday, as the coronavirus pandemic continued to unleash widespread economic havoc on an already depleted U.S. workforce......»»

Category: topSource: washpostMay 14th, 2020

Coronavirus deals U.S. economy Great Depression-like job losses, high unemployment

The U.S. economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression, laying bare both the economic and human tragedy wrought by the novel coronavirus pandemic......»»

Category: topSource: reutersMay 8th, 2020

Coronavirus update: U.S. economy sheds record-setting 20.5 million jobs and New York child dies of condition linked to virus

The U.S. Labor Department said the pandemic cost 20.5 million jobs in April, pushing the unemployment rate to a post–World War II high and deepening the economic crisis, while in New York, a child died of a rare condition linked to the virus......»»

Category: topSource: marketwatchMay 8th, 2020

Economic Report: Coronavirus costs the U.S. 20.5 million jobs in April as unemployment soars to 14.7%

The coronavirus pandemic destroyed 20.5 million jobs in April, driving the unemployment rate to a post Word War Two high of 14.7% as the United States faced its biggest economic crisis in almost a century......»»

Category: topSource: marketwatchMay 8th, 2020

Starbucks stores are reopening, but fearful employees say they"d rather collect unemployment than risk their health returning to work — except they can"t

Alexi Rosenfeld/Getty Images Beginning Monday, the company plans to re-open stores closed due to the pandemic, though the operations at all stor.....»»

Category: topSource: businessinsiderMay 3rd, 2020

How COVID-19 May Make JC Penney Stock Worthless

Just like the coronavirus affects people weakened by chronic health problems, the pandemic also has a more profound effect on companies that are financially weak. J.C. Penney continues to mull a........»»

Category: blogSource: 247wallstApr 24th, 2020

A slew of new studies are raising fresh doubts on whether malaria pills should be used to treat the coronavirus, and a top US health agency just warned against widespread use

Chesnot/Getty Images A new clinical study in Brazil raises safety concerns about coronavirus patients taking a high dose of the anti-malaria drug chloroquine. .....»»

Category: topSource: businessinsiderApr 24th, 2020

Florida weekly unemployment soars to record high as just 15.9% of claims are paid

Florida hit another benchmark when it comes to unemployment claims filed due to the economic impact of the coronavirus pandemic. The state had more than 505,137 first-time claims for the week ending April 18, according to the U.S. Department of Labor......»»

Category: topSource: bizjournalsApr 24th, 2020

New York"s wave of unemployment claims during the pandemic rises to 1.4 million

The eruption of unemployment insurance claims continued in New York last week: Almost 205,000 people filed an initial claim in the state, the U.S. Department of Labor reported Thursday morning. That total — very high by typical standards — is down .....»»

Category: topSource: bizjournalsApr 23rd, 2020

First, the coronavirus pandemic took their jobs. Then, it wiped out their health insurance.

Shake Shack, the U.S.-based burger chain, will from the U.S. government, the company’s leaders said in a statement, amid widespread criticism over who got access to the More than a dozen publicly... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 21st, 2020

Health care workforce is recession-proof. Is it "pandemic proof?"

New York State has applied for a $4 billion federal loan to shore up its unemployment trust fund amid a record surge of claims by workers sidelined by the Covid-19 pandemic, a spokeswoman said. “All... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 21st, 2020

Public health in the balance: Judicial review of pandemic-related government restrictions

New York State has applied for a $4 billion federal loan to shore up its unemployment trust fund amid a record surge of claims by workers sidelined by the Covid-19 pandemic, a spokeswoman said. “All... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 21st, 2020

Silicon Valley unemployment spikes in March but remains well below 10-year high

Unemployment rates throughout the Bay Area took a sharp increase higher in March as the region, state and nation confronted the unprecedented COVID-19 pandemic. Yet despite the upward jobless numbers, the area still enjoys low overall unemployment l.....»»

Category: topSource: bizjournalsApr 17th, 2020

Alphabet"s CEO says the coronavirus has "absolutely" caused a mental-health crisis. Here are 5 calming podcasts you should follow if you"re feeling anxious over the pandemic.

Getty Images The global outbreak of the novel coronavirus, which causes a disease known as COVID-19, is causing pan.....»»

Category: topSource: businessinsiderApr 16th, 2020

MTS Provides Update On Business And Actions Taken To Address Effects Of COVID-19 Pandemic

EDEN PRAIRIE, Minn., April 16, 2020 /PRNewswire/ -- MTS Systems Corporation (NASDAQ:MTSC), a leading global supplier of high-performance test systems, motion simulators and sensors, today announced actions it is taking to help ensure the health an.....»»

Category: earningsSource: benzingaApr 16th, 2020

Trump’s Funding Cut Won’t Fix the WHO’s Problems

He’s not wrong to point out the organization’s mistakes. But cutting resources in the middle of a pandemic will only jeopardize public health......»»

Category: topSource: washpostApr 15th, 2020

1,400+ jobs axed — and counting — in WARN filings

As unemployment filings continue to skyrocket, Kansas City-area employers have filed 15 reports of layoffs and furloughs in the four weeks since the World Health Organization declared COVID-19 a pandemic. With the crisis putting the economy in a .....»»

Category: topSource: bizjournalsApr 9th, 2020

Working in the Age of Coronavirus: Health-care providers rally to fight pandemic

Health and wellness are themes to almost every conversation these days. Health-care companies are fighting to ensure people are physically and mentally well during this unprecedented pandemic. Social distancing isn't stopping the country's health-c.....»»

Category: topSource: bizjournalsApr 8th, 2020

Trump says he"s settled his dispute with 3M and U.S. will purchase millions of high-quality masks

President Donald Trump on Monday said the government will purchase millions of masks from 3M for health-care workers who are battling the coronavirus pandemic, effectively ending a running war he conducted with the company at his press confe.....»»

Category: topSource: marketwatchApr 6th, 2020

Not having a job can wreak havoc on your mental health. Here are 4 psychologist recommended strategies for dealing with "unemployment depression."

Solarseven/Shutterstock A record 3.3 million jobless claims were filed last week amid the novel coronavirus pandemic, meaning many Americ.....»»

Category: topSource: businessinsiderMar 26th, 2020