Articles filed under Economy
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Record bankruptcies predicted in next year as unemployment soarsApr 19, 2020 6:10 am - Bankruptcies related to covid-19 shutdowns will set records in the next 12 months, according to Edward Altman, the professor emeritus at New York University's Stern Scho...
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Illinois unemployment claims hit 634,000 due to pandemicApr 16, 2020 1:00 am - By Jerry Nowicki Capitol News Illinois Another 141,049 Illinoisans filed initial unemployment claims in the week ending April 11, bringing the total number in the state ...
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Glitches prevent $1,200 stimulus checks from reaching millions of AmericansApr 16, 2020 1:00 am - Many Americans woke up Wednesday expecting to find a payment of $1,200 or more from the U.S. government in their bank account, but instead they realized nothing had arri...
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How agencies help jobseekers 'be proactive' during pandemicApr 16, 2020 1:00 am - Nonprofit and federally funded career assistance centers are preparing themselves - and their online resources - for a surge of jobseekers newly laid off amid the corona...
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The $1,200 stimulus checks are arriving, and people are mostly spending them on foodApr 14, 2020 1:00 am - The U.S. government has started sending $1,200 checks to Americans to help ease the financial pain caused by shutting down the economy to fight the deadly coronavirus. B...
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The industry says we have enough food. Here's why some store shelves are empty anyway.Apr 14, 2020 1:00 am - Tempers are getting short. Supplies of ground beef even shorter. People are looking into each other's shopping carts. Is that guy really going to use all four cans of ch...
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Tax change in coronavirus package overwhelmingly benefits millionaires, Congressional body findsApr 14, 2020 1:00 am - More than 80% of the benefits of a tax change tucked into the coronavirus relief package Congress passed last month will go to those who earn more than $1 million annual...
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COVID-19 update: 74 more dead; Pritzker touts unemployment processing changesApr 13, 2020 1:00 am - Gov. J.B. Pritzker announced the state has called back several recently retired Illinois Department of Employment Security employees to help process the more than half a...
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Coronavirus unemployment guide: What to do if you get laid off or furloughedApr 12, 2020 6:22 am - The novel coronavirus has leveled the American economy and has businesses of all sizes tightening their belts. Much of that pain is getting passed on to workers as busin...
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Restaurant workers got masks. They'd also like a permanent raise.Apr 12, 2020 6:00 am - Some U.S. fast-food workers are finally getting face masks and emergency sick days to help get them through the coronavirus outbreak. Now the challenge for labor activis...