What have you always wondered about the economy? Tell us
COVID-19

For international students staying in the U.S., COVID-19 closures led to a scramble for housing

Alan Yu Mar 31, 2020
HTML EMBED:
COPY
Not all international students could afford to return home after campuses closed. Gregory Shamus/Getty Images
COVID-19

For international students staying in the U.S., COVID-19 closures led to a scramble for housing

Alan Yu Mar 31, 2020
Not all international students could afford to return home after campuses closed. Gregory Shamus/Getty Images
HTML EMBED:
COPY

As colleges and universities across the country canceled in-person classes due to the COVID-19 pandemic, many students left campuses. But the international who students could not afford to go home were forced to find new accommodation in a very short space of time.

COVID-19 Economy FAQs

What are the details of President Joe Biden’s coronavirus relief plan?

The $1.9 trillion plan would aim to speed up the vaccine rollout and provide financial help to individuals, states and local governments and businesses. Called the “American Rescue Plan,” the legislative proposal would meet Biden’s goal of administering 100 million vaccines by the 100th day of his administration, while advancing his objective of reopening most schools by the spring. It would also include $1,400 checks for most Americans. Get the rest of the specifics here.

What kind of help can small businesses get right now?

A new round of Paycheck Protection Program loans recently became available for pandemic-ravaged businesses. These loans don’t have to be paid back if rules are met. Right now, loans are open for first-time applicants. And the application has to go through community banking organizations — no big banks, for now, at least. This rollout is designed to help business owners who couldn’t get a PPP loan before.

What does the hiring situation in the U.S. look like as we enter the new year?

New data on job openings and postings provide a glimpse of what to expect in the job market in the coming weeks and months. This time of year typically sees a spike in hiring and job-search activity, says Jill Chapman with Insperity, a recruiting services firm. But that kind of optimistic planning for the future isn’t really the vibe these days. Job postings have been lagging on the job search site Indeed. Listings were down about 11% in December compared to a year earlier.

Read More

Collapse

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.