Articles filed under Economy
-
Another 74,000 file first-time unemployment claims in IllinoisMay 07, 2020 1:00 am - Another 3.2 million Americans filed for unemployment during the week ending May 2, including more than 74,476 Illinoisans. That brought the total number of insured unemp...
-
How the pandemic consumed the labor marketMay 03, 2020 6:24 am - As the novel coronavirus pandemic brought business to a halt, the pain rippled outward, blowing up sector after sector. According to a detailed analysis of unemployment ...
-
Tech giants are profiting - and getting more powerful - even as the global economy tanksMay 02, 2020 6:12 am - SAN FRANCISCO -Tech titans spent much of the last year playing defense, fending off dozens of federal and state antitrust investigations and a public wary of their power...
-
Should you withdraw money from your retirement plan?Apr 26, 2020 6:20 am - The U.S. stock market has taken a beating as a result of the pandemic - and those drops have eroded the value of Americans' retirement accounts, or at least produced a l...
-
Coronavirus recession could plunge tens of millions into poverty, new report warnsApr 26, 2020 6:20 am - The coronavirus recession that has sparked unprecedented job losses will likely drive U.S. poverty rates to five-decade highs, according to new projections from Columbia...
-
Your questions about the Paycheck Protection Program and furloughsApr 26, 2020 6:14 am - Q: My wife works for a day-care business that has been closed by order of the state during the coronavirus pandemic. She was collecting unemployment, including the extra...
-
'Scary time' for American middle class as office jobs disappearApr 25, 2020 6:25 am - The new year arrived with a new job for Tyler Simon, who had high hopes for 2020. They didn't last long. "Once covid-19 hit, things went from bad to worse really quick,"...
-
Americans' fear of job loss surges to 45-year high, poll showsApr 25, 2020 6:10 am - A quarter of working Americans believe it's "very likely" or "fairly likely" they will lose their job or be laid off in the next 12 months, according to a Gallup poll. T...
-
Another 102K Illinoisans file first-time jobless claims amid COVID-19 pandemicApr 23, 2020 1:00 am - The Illinois Department of Employment Security said Thursday that 4.4 million Americans filed first-time unemployment claims during the week that ended April 18, includi...
-
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...