Long-term unemployment hits highest level in 9 years – Marketplace

Long-term unemployment hits highest level in 9 years – Marketplace

Regardless of a strong bump of 379,000 new jobs in February, at this time’s employment report reveals a continued rise in a single intently watched class: Individuals who’ve been jobless for over half a 12 months. Greater than 4 million staff are presently thought-about long-term unemployed. And the longer persons are away from the workforce, the longer it takes to return. Additionally on at this time’s present: an replace on the COVID-19 reduction bundle, why full retail restoration hinges on ladies getting again to…

Running a microbusiness in the pandemic economy – Marketplace

Running a microbusiness in the pandemic economy – Marketplace

Microbusinesses, outlined as having 9 or fewer staff, are the most typical sort of employer within the U.S. However they may have a tough time getting the monetary assist meant for small companies through the coronavirus pandemic. On right this moment’s present: a microbusiness proprietor shares what it’s been like this previous yr. Plus: Some producers are having issue filling jobs regardless of excessive unemployment; meals commodities are at their most costly since 2014; and what it’s prefer to search for work throughout a…

The jobs recovery might be running out of gas – Marketplace

The jobs recovery might be running out of gas – Marketplace

We received private-sector payroll numbers from the processing agency ADP in the present day displaying 170,000 new jobs — effectively under expectations and one other indicator that this restoration could also be sputtering. Which is, after all, why Congress is engaged on the following COVID-19 aid invoice at this very second. On in the present day’s present: a have a look at the pandemic labor market. Plus, Texas is reopening, a check-in with folks rebuilding after a lethal Tennessee twister and why individuals are…

A seat at the table for workers – Marketplace

A seat at the table for workers – Marketplace

The Biden administration launched its commerce coverage agenda right this moment, and it’s hefty, with objectives together with the development of racial fairness, combating in opposition to local weather change and taking over what it calls China’s “coercive and unfair financial commerce practices.” On the heart of all of it, although? A extra worker-centric strategy to commerce. On right this moment’s present: What does it imply for staff to have a seat on the desk with regards to commerce coverage? Plus, colleges want funding…

The pandemic is affecting states unequally, too – Marketplace

The pandemic is affecting states unequally, too – Marketplace

The story of the coronavirus economic system has been one among inequality — for individuals, companies and even states. Many state governments have been taking in much less tax income ever for the reason that pandemic closed companies and faculties, and hundreds of thousands misplaced their jobs. However in 22 states, tax income has really elevated in the course of the pandemic. On right now’s present: How high-income taxpayers are serving to some states make it via the COVID-19 pandemic. Plus, Texas’ largest electrical…

A return to the service economy? – Marketplace

A return to the service economy? – Marketplace

Caught at dwelling through the pandemic and unable to spend on eating places or journey, People have been attempting fulfill emotional wants by shopping for stuff. However you’ll be able to solely purchase so many yard trampolines, and economists are predicting an enormous shift again to spending on companies as COVID-19 circumstances decline. That’s excellent news for the US’ service economic system. Additionally on at present’s present: Some bank card limits are going up and a take a look at challenges well being care…