Some jobs are coming back, but economy will need years to heal
With the unemployment rate worse than at any point during the Great Recession, and output continuing to decline, the healing could go on for years.
Employers find testing employees for COVID-19 more trouble than it's worthInstead employers are favoring lower-cost, easier-to-implement interventions like temperature checks and symptom screening while stocking up on masks, hand sanitizer and cleaning wipes.
Millennial Money: Lessons learned while sheltering at homeHere are three pieces of money advice you can apply to your bank account, budget and lifestyle as life evolves after lockdown.
Companies are hiring their own epidemiologists to help deal with the pandemicIn a sign of just how complicated it has become to navigate the pandemic, companies are rushing to hire disease detectives to help guide their efforts to reopen and stay open -- especially when state and federal safety guidelines are sometimes short on specific advice.
Why missing college this fall is a bad idea for returning studentsMany colleges have official gap year or deferred enrollment policies for incoming freshmen. But returning students who choose to take time off and re-enroll once the uncertainties of the COVID-19 pandemic have passed aren't "gappers." They're "stopouts," and they face risks that don't come with a traditional gap year.
Analysis: Pandemic didn't create working moms' struggle, but it made it impossible to ignoreThe lopsided division of off-the-clock labor among working spouses has never been more obvious.
6 do's and don'ts when saving money during a crisisProbably the last thing you want to think about during a crisis is working on healthy financial habits like saving money. But if you're able to save, you can make your eventual recovery easier.
In a time of social distancing, robots could be just what the doctor orderedThe worldwide health crisis has added urgency to the question of how to bring robotics into the public health equation.
Virtual try-ons are replacing fitting rooms during the pandemicThe coronavirus pandemic is reshaping the way Americans shop. Stores are reopening but being reoriented to avoid interaction: Fitting rooms are taped off, sample counters are closed and product testers have been put away.
Black YouTubers ask why they're left out of YouTube Kids"You scroll for a long, long, long, long time before you get to a Black face," says former music teacher Zerius Zontay, who has struggled to get his family's videos on YouTube's app for kids.
TikTok says a quarter of videos removed involve misbehaving kidsAlmost a quarter of the videos TikTok took down in 2019's second half involved inappropriate behavior by minors, from illegal drug use to sexual activity.
Back at work, but facing a 25 percent pay cutWith everyone scrambling to stay afloat during the coronavirus pandemic, businesses and employees are operating under less-than-ideal conditions. But there's a fine line between being a good sport and being played.
How to navigate your business into the 'New Normal"Employers now face the daunting task of preparing for recovery while navigating "the new normal" on their own. Any change, whether good or bad, can succeed or fail based on how well the employer manages the process.
Small businesses needing capital should consider the SBA 504 Refinance ProgramThe COVID-19 pandemic has wreaked major disruption on small businesses and continues to threaten many with permanent closure. The Small Business Administration (SBA) was the first stop for businesses looking for critical capital through the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL).
Professional services adjust to a PPP, PPE worldLike all sectors of the economy, the accounting world has felt the impact of COVID-19. Our firm has held steady as clients come to us seeking help interpreting new laws that change by the day. Others need assurance that the sky isn't falling in on them.
Suburban Business News
from the staffs of the Daily Herald and the Business Ledger
- NapervilleOpening soon, Mall of India will be Naperville's first indoor mall
- St. CharlesWahlburgers delays opening of St. Charles restaurant
- Elk Grove VillageBrown negotiates three suburban building sales
- AlgonquinMcShane begins construction of new senior living development
- NewsArlington Heights to reconsider ban on recreational pot sales
- Mount ProspectDream come true for new Mount Prospect Rosati's owner
- MundeleinWinchester House replacement brings new nursing home era in Lake County
- BusinessWalgreens ends buybacks, cuts jobs as profit misses; shares fall
- Elgin$40 million 'high end' senior living facility gets approval in Elgin
- BusinessSFF leases space to accommodate fast growth
- RoselleThese suburbanites visited India in February. Only this summer did they make it back home.
- EditorialEditorial: Northwest Community, the legacy of Stuart Paddock Sr.
- GrayslakeNew restaurant, bar opening Friday in downtown Grayslake
- NewsNorthbrook applications totaled more than $134 million in Paycheck Protection program
- NewsGlenview applications totaled more than $60 million in Paycheck Protection program
Through the Film Magnifier: Doug Buffone, Cloris Leachman, draft registration, aerobics class and more
Through the Film Magnifier: Iranian Hostage freed, Pee Wee baseball, Jim Harbaugh Bruce Sutter and more