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With over 20 million having recently lost work, scammers could swallow lots of stimulus checks. They tell you that there’s a wonderful job waiting for you. Just fill out a form and send money. Often there’s no real job. Phony offers snag thousands, regulators and employment pros warn. “These scams are everywhere. Job scams are …
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The number of Americans put out of work by the coronavirus crisis grew to 26.4 million last week as another 4.4 million people applied for unemployment benefits, new federal data show. That suggests the pandemic has more than wiped out the 22.1 million jobs the US economy had added since October 2010, when the nation …
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New money for loans to small businesses battered by the coronavirus crisis could reportedly dry up almost as soon as it arrives. The US Senate approved $310 billion in extra funds this week for the feds’ Paycheck Protection Program, which exhausted its initial $349 billion budget in two weeks. But banking groups say so many …
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Walmart is rolling out 50,000 new jobs. Retail giant Walmart said it would hire thousands of new employees to help it keep pace with surging demand for food and supplies as Americans stock up to get through the COVID-19 pandemic, Reuters reported. As a purveyor of foods and household essentials, Walmart has seen demand surge …
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Amazon said on Monday it plans to hire 75,000 more people for jobs ranging from warehouse staff to delivery drivers as the coronavirus epidemic kept Americans locked in their homes and demand for online orders surged. With shoppers clearing out shelves in fear of quarantines or product shortages, retailers are racing to keep food and …
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The trillions of dollars in cash and loans unleashed by the Federal Reserve and US political leaders in recent weeks is meant to build a financial bridge for the country to get beyond the coronavirus pandemic and restart the economy with little or no long-term damage. But that mammoth effort is still unlikely to change …
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Less than half the US jobs lost to the coronavirus crisis will be recovered by the end of next year, a new survey shows. Economists expect non-farm payrolls to shed a monthly average of more than 4.5 million jobs from April through June as the pandemic keeps the economy largely frozen, according to the National …
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First, the good news for some workers in the hospitality business. In fact, this might be the only good news you can find these days in that industry. A relatively new company called Better.com, headquartered downtown at 3 WTC, is in the process of hiring an army of new workers. And that army is going …
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Pan-dammit, the employment numbers for March were truly shocking! That doesn’t understate what can be said about the employment report for last month that was released by the Labor Department Friday morning. It was so shocking, in fact, that it’ll make the experts reconsider how bad the job numbers are going to get in the …
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US stocks tumbled Friday after a brutal monthly jobs report gave Wall Street more proof of how hard the coronavirus pandemic has hit the economy. The Dow Jones industrial average dropped −360.91 points, or 1.7 percent, to 21,052.53 after the feds’ March jobs report said the US economy lost 701,000 jobs last month, bringing the …
With over 20 million having recently lost work, scammers could swallow lots of stimulus checks. They tell you that there’s a wonderful job waiting for you. Just fill out a form and send money. Often there’s no real job. Phony offers snag thousands, regulators and employment pros warn. “These scams are everywhere. Job scams are …
