Work-sharing programs allow companies to keep furloughed workers

Jun 17, 2020
Not all states have the programs, in which workers' hours are cut and unemployment benefits are used to fill in wages.
An employee at a cafe in Los Angeles in March. Work sharing is one solution to keep people employed during the COVID-19 recession.
Frederic J. Brown/AFP via Getty Images

What's the difference between a furlough and a layoff?

Mar 24, 2020
The distinction matters for your personal economy and the economy at large.
Victor J. Blue/Getty Images

The shutdown will impact GDP, but individual workers will bear the brunt

Jan 24, 2019
The White House has estimated that the partial government shutdown will reduce economic growth in the U.S. by 0.13 percentage points for every week the government remains closed. Speaking on CNBC yesterday, Larry Kudlow, director of the National Economic Council,…
Larry Kudlow, director of the National Economic Council, arrives outside the White House to speak with reporters in December.
Mandel Ngan/AFP/Getty Images

What the partial government shutdown could mean for FBI agents

Jan 23, 2019
A new report looks into the long-term impact.
FBI Agents Association member Thomas O'Connor holds up an FBI report 'Voices From the Field' giving examples of how the government shutdown is undermining their work on drug and gang enforcement, security, and counter-terrorism, as he speaks during a press conference in Washington, DC, on January 22, 2019.
JIM WATSON/AFP/Getty Images

Restaurants feel the pinch as shutdown drags on

Jan 22, 2019
... but some owners reach out to help furloughed federal workers.
Restaurants, which often operate on single digit margins, are feeling a decrease in business due to the government shutdown.
Justin Sullivan/Getty Images

With financial distress, come fraudsters

Jan 21, 2019
As the partial federal shutdown continues with no visible end in sight, banks and creditors have offered the up-to-800,000 affected workers loans and payment deferments so they can keep up with their finances. At the same time, fraudulent agencies may…

Government workers affected by shutdown get some help from their banks

Jan 18, 2019
Some financial institutions are offering interest-free loans and waiving late fees on mortgages and credit card payments for government workers who aren’t getting paid during the shutdown. That’s smart business because many of those workers will get their paychecks as…

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What's it like to be "non-essential"

Oct 1, 2013
On any other day, Joe James would be working as a microbiologist with the EPA. But, after the government shutdown, he's not sure when he'll be back to work.

What's the price of the shutdown?

Oct 1, 2013
Closed national parks. Non-essential government services ground to a halt. And the shutdown will cut into GDP.