Jobless claims see continued dip but recovery not yet within reach

Aug 13, 2020
While new jobless claims fell below 1 million for the first time in 21 weeks, we're still a long way away from a "good" economy.
A store advertising a job opening in Venice Beach, California.
David McNew/Getty Images

What does Trump's order on student loans actually mean for borrowers?

Aug 13, 2020
The president over the weekend signed a memorandum extending the current payment pause and interest waiver for most federal student loans through the end of the year.
Nicholas Kamm/AFP via Getty Images

$600 weekly benefit did not reduce employment, study finds

Jul 31, 2020
Yale research says there were a lot of reasons people did not go back to work that were more important, like lack of child care or the fear of getting COVID-19.
Some Senate Republicans have argued that the $600 benefit is too much, discouraging people from returning to work. Above, Senate Majority Leader Mitch McConnell walks to the Senate floor on Thursday.
Drew Angerer/Getty Images

The pros and cons of extending additional unemployment benefits

Jul 28, 2020
Money in jobless people's pockets can stimulate the economy, but longer unemployment payments could slow a recovery, experts say.
Baristas prepare drinks at a coffee shop in North Carolina. Some say high unemployment benefits are discouraging employees from returning to work during the pandemic.
Al Drago/Getty Images

Expanded unemployment benefits help small businesses, too

Jul 27, 2020
They have been a lifeline for laid-off workers. They also boost demand and enable businesses to focus on staying afloat.
A hostess at a Miami restaurant waits for customers behind a partition. The expanded unemployment benefits helped small businesses make decisions early in the pandemic.
Joe Raedle/Getty Images

An eviction filing could lead to spiraling poverty

Jul 24, 2020
Once a court proceeding has started against a renter, it can become part of a tenant's record, whether it led to an eviction or not.
A sheriff's eviction notice is posted on the front door of a property in Florida. Even if a court filing doesn't lead to an eviction, it can stay on a tenant's record.
Joe Raedle/Getty Images

How will minority-owned businesses fare in CARES 4.0?

Jul 23, 2020
In a Thursday hearing, the Senate was told how Black business owners faced hurdles accessing Paycheck Protection Program funding.
Black business owners had a particularly rough time getting access to Paycheck Protection Program funds at first, says Ronald Busby, president of U.S. Black Chambers.
Brendan Smialowski/AFP via Getty Images

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PPP boosted employment through early June, study finds

Jul 23, 2020
As many as 3.2 million jobs were added by the federal Paycheck Protection Program, but the long-term effect is unknown.
With the coronavirus closing many businesses, the Paycheck Protection Program saved  millions of jobs that would have been lost, according to MIT research.
Justin Sullivan/Getty Images

How the loss of $600 a week will impact jobless people we've been following

Jul 22, 2020
For some people, moving might be an option. For others, not much might change.
An applicant fills out an unemployment benefits form in Virginia. Temporary relief payments are scheduled to end soon.
Olivier Douliery/AFP via Getty Images

Wave of evictions could hit U.S. as protections and benefits expire

Jul 17, 2020
Some cities and states are rushing too stave off a crisis that could affect all parts of the economy.
Residents protest rent and evictions during the pandemic in Washington, D.C,, in May.
Nicholas Kamm/AFP via Getty Images