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COVID-19

Tell us about how COVID-19 is affecting your personal economy. We may feature your story on-air, online, or in our newsletters.

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COVID-19

Falling unemployment rate suggests businesses are bringing workers back amid COVID-19

by Associated Press
Jun 5, 2020
The U.S. unemployment rate fell to 13.3% in May, and 2.5 million jobs were added
It's a surprisingly positive reading in the midst of a recession that has paralyzed the economy.
Olivier Douliery/AFP via Getty Images
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COVID-19

Cities that rely heavily on tourism hit hardest by COVID-19 job losses

by Meghan McCarty Carino
Jun 5, 2020
April figures show communities that rely on manufacturing are also hurt by job losses, but they may see improvement more quickly.
Joe Raedle/Getty Images
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COVID-19

Depleted sales tax revenue means states have to cut budgets

by Andy Uhler
Jun 4, 2020
Texas is already near the bottom in per capita spending on education, and cuts would only make it worse.
A bar boarded up in Austin, Texas, in May. Texas is one of seven states without an income tax, so it relies more heavily on sales taxes.
Tom Pennington/Getty Images
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COVID-19

Mutual aid grows in popularity during protests and pandemic

by Samantha Fields
Jun 4, 2020
Communities of color and activists have been practicing mutual aid for a long time. But it has become much more widespread recently.
Volunteers with the Bronx Mutual Aid Network buy and delivery groceries and run errands for people in the community.
Courtesy Thahitun Mariam/Bronx Mutual Aid Network
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COVID-19

Congress passes legislation to extend PPP loan deadlines

by Nancy Marshall-Genzer
Jun 4, 2020
One change: Businesses will have more time to spend their loans and still qualify for forgiveness.
The legislation defers payroll taxes for businesses getting the loans, and it gives them more time to repay any part of a loan that isn’t forgiven.
David McNew/Getty Images
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COVID-19

COVID-19 has caused more public school job losses than the entire Great Recession

by Meghan McCarty Carino
Jun 4, 2020
Almost 469,000 workers in K-12 public education lost a job in just the month of April.
Some jobs involve school building maintenance with facilities closed, but about half were positions that deal directly with students.
Michael Loccisano/Getty Images
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COVID-19

Weekly jobless claims drop to 1.9 million, as state reopenings slow layoffs

by Associated Press
Jun 4, 2020
Rehiring may be offsetting some of the layoffs, but unemployment is still excessively high.
The job market meltdown that was triggered by the coronavirus may have bottomed out.
Olivier Douliery/AFP via Getty Images
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Reimagining the Economy

Why eliminating racial inequities is key for the post-COVID-19 economy

by David Brancaccio and Candace Manriquez Wrenn
Jun 4, 2020
"Going back to normal would be disastrous for Black Americans," says Andre M. Perry of the Brookings Institution.
"There's built-in inequality in the systems that we use to distribute resources to build wealth," Andre M. Perry says.
Jason Redmond/AFP via Getty Images
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COVID-19

Federal Reserve loan program targets mid-size businesses

by Justin Ho
Jun 3, 2020
The loans will be bigger than those from the Paycheck Protection Program — and they can't be forgiven.
A worker restocks groceries at a supermarket in Brooklyn in March. The Main Street Lending Program offers loans that would likely be hard for businesses like grocers or cafes to pay back.
Angela Weiss/AFP via Getty Images
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COVID-19

Congress said COVID-19 tests should be free, but who might end up paying?

by Blake Farmer
Jun 3, 2020
Some major health systems say they are sitting on millions of dollars in billing.
Vanderbilt University Medical Center has been holding back many bills related to COVID-19 testing for fear of a backlash from patients, who might be surprised that they owe anything.
Blake Farmer/WPLN
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