COVID-19: Layoffs Soar As Companies Brace For Years Of Disruption Due To Pandemic COVID-19: Layoffs Soar As Companies Brace For Years Of Disruption Due To Pandemic
Covid-19: Layoffs Soar As Companies Brace For Years Of Disruption Due To Pandemic The COVID-19 pandemic has forced tens of thousands out of work, some of whom will have no job to return to once the virus has run its course in this country. Numerous industries will be permanently changed by the virus after thousands were furloughed or laid off while companies made the necessary audibles to stay afloat during the pandemic. Some companies that vowed to return furloughed employees back to work have also announced that they will drastically be reducing their workforces in an effort to keep costs down to account for financial losses that were accrued due to the COVID-19 outbr…
MA Cities With Highest-In-Nation COVID-19 Unemployment Rates May Surprise You MA Cities With Highest-In-Nation COVID-19 Unemployment Rates May Surprise You
MA Cities With Highest-In-Nation Covid-19 Unemployment Rates May Surprise You Several Massachusetts cities are on a nationwide list of community economies that were hardest hit by COVID-19. 24/7 Wall Street has compiled a ranking of the 35 metro areas and cities that have suffered the most job losses due to the pandemic. Worcester, Boston, Springfield, and Pittsfield all made the list. Our neighboring states fared better. There are no communities from Connecticut, Vermont, or New Hampshire on the list. New York and Pennsylvania are, however, well represented. There are currently about 13.6 million Americans out of work now. The unemployment rate stood at 10.2 perc…
COVID-19: Manhattan Restaurant Workers Looking For Jobs On Long Island COVID-19: Manhattan Restaurant Workers Looking For Jobs On Long Island
Covid-19: Manhattan Restaurant Workers Looking For Jobs On Long Island With some New York City restaurant employees being out of work for months due to the COVID-19 pandemic, many are flocking to the nearby suburbs on Long Island in an effort to find work. While restaurants statewide have largely been permitted to reopen for indoor dining - with strict restrictions in place - it will still be weeks before New York City eateries are permitted to open their doors back up. In response to the work shortage, many restaurant workers have reportedly been flooding Long Island - namely in the affluent East End - looking for jobs during the pandemic. Many restaurants …
COVID-19 Unemployment: Will $300 Weekly Benefit Pass? COVID-19 Unemployment: Will $300 Weekly Benefit Pass?
Covid-19 Unemployment: Will $300 Weekly Benefit Pass? The number of New Jersey residents who have applied for unemployment benefits has surged to more than 1.5 million since the onset of the COVID-19 pandemic. The CARES Act gave workers an extra $600 per week, but expired at July’s end. President Trump’s executive order calling for a new $400 weekly benefit was signed last month. Gov. Murphy then applied for the FEMA Lost Wages Supplemental Assistance Program, the expanded benefit, requesting funding for the weeks of Aug. 1, 8 and 15. If approved, New Jersey residents will receive $300 rather than $400 because the state was already paying wor…
Worcester, Springfield Make List Of 30 U.S. Metros With Highest Unemployment Rates Worcester, Springfield Make List Of 30 U.S. Metros With Highest Unemployment Rates
Worcester, Springfield Make List Of 30 U.S. Metros With Highest Unemployment Rates Worcester, Springfield, and Pittsfield made the list of United States metropolitan areas with the highest unemployment since COVID-19 hit. The Worcester metropolitan region, which contains parts of Connecticut, just made the list. It was ranked 27th out of the 30 metros with the highest unemployment rates. (The higher the ranking, the lower the unemployment rate.) More than 15 percent of workers in the area are unemployed, according to a 24/7 WallStreet analysis. Since January, the region has shed over 55,000 jobs. The national unemployment rate is 11.1 percent. The Boston metro area ra…
COVID-19: Resorts World, Other Casinos Send Layoff Notices To Thousands Of Workers COVID-19: Resorts World, Other Casinos Send Layoff Notices To Thousands Of Workers
Covid-19: Resorts World, Other Casinos Send Layoff Notices To Thousands Of Workers Thousands of casino employees in the Hudson Valley will soon be out of a job soon as casinos remain closed due to the novel coronavirus (COVID-19) pandemic. More than 4,000 employees at Tioga Downs, Vernon Downs, Rivers Casino Resorts World Catskills and Resorts World New York City have all been given notice that their positions are being terminated amid the outbreak of the virus. Employees had previously been furloughed since the pandemic began in New York in mid-March and now have been issued warning that they are to be let go. "Unfortunately, several weeks after ceasing operations in Ma…
COVID-19: Big Y Pricing Freeze Extended For Specific Food Items COVID-19: Big Y Pricing Freeze Extended For Specific Food Items
Covid-19: Big Y Pricing Freeze Extended For Specific Food Items Big Y Foods is extending its “pricing freeze” on specific foods - and adding more items to the list - as the fallout from COVID-19 continues to ravage the economy. There are now 15,000 food items under the Springfield-based Big Y Foods’ price freeze - this is up from 10,000 items when the freeze first went into effect in May. Food items subject to the price freeze include chicken, butter, grapes, peanut butter, breakfast cereal, cheese, strawberries, yogurt, orange juice, hotdogs, tomatoes, avocados, raspberries, deli salads, and frozen beef patties.  Big Y says it will maintain prici…
COVID-19: Poll Shows How Many Are 'Very Concerned' Economy Will Fall Into Depression COVID-19: Poll Shows How Many Are 'Very Concerned' Economy Will Fall Into Depression
Covid-19: Poll Shows How Many Are 'Very Concerned' Economy Will Fall Into Depression Some Americans are “very concerned” that local, state, and national economies could fall into an economic depression as the country begins to recover from the novel coronavirus (COVID-19) crisis. A Quinnipiac University poll of 1,323 voters conducted between Thursday, May 14, and Monday, May 18 found that about four in 10 voters (42 percent) say they are “very concerned the economy will fall into a depression. The poll also determined that 39 percent are “somewhat concerned,” 11 percent are “not so concerned,” and 8 percent are “not concerned at all.”  According to the Asian Developme…
NJ Labor Department Rolls Out Chat Bot -- But Won't Connect To Live Agent NJ Labor Department Rolls Out Chat Bot -- But Won't Connect To Live Agent
NJ Labor Department Rolls Out Chat Bot -- But Won't Connect To Live Agent New Jersey's labor department has rolled out a chat bot intended to help the thousands of residents who filed for unemployment. Although the bot will guide users in the right direction and answer frequently asked questions, it won't connect to a live agent -- a problem reported by many frustrated residents. More than 1 million New Jersey residents filed for unemployment since the onset of the coronavirus pandemic. As of May 2, $1.9 billion had been paid out to more than 700,000 workers, the department said. Another 300,000 were waiting for their benefits to be approved Thursday. Gett…
'Unhappy? Go To Another State,' Murphy Tells NJ's Jobless 'Unhappy? Go To Another State,' Murphy Tells NJ's Jobless
'Unhappy? Go To Another State,' Murphy Tells NJ's Jobless In case you missed the end of Thursday's daily news briefing, Gov. Phil Murphy told anyone unhappy with the guy in charge of New Jersey unemployment to "Go to another state."  The governor said anyone who doesn’t like state Labor Commissioner Robert Asaro-Angelo can move. Murphy’s dismissive remark came when asked by a reporter about Bergen County Assemblyman Kevin Rooney’s call for the labor commissioner to fix the backlogged unemployment system or resign. Earlier, state officials announced that more than a million New Jersey residents have filed jobless claims due to the coronavirus …
NJ Jobless Claims Surpass 1 Million NJ Jobless Claims Surpass 1 Million
NJ Jobless Claims Surpass 1 Million More than a million people have filed unemployment claims in New Jersey during the COVID-19 pandemic, state officials said. "This is an unemployment crisis unlike that which we have ever seen," Gov. Phil Murphy said during a news briefing on Thursday. Weekly jobless claims are, literally, many times more than the state Labor Department has historically dealt with across entire months, Murphy said. Murphy described the coronavirus epidemic as a "once in forever" health-care crisis and economic crisis. In two months, New Jersey has paid out $1.9 billion in state and federal assistance to 70…
COVID-19: Half Of Americans Have Lost Job, Or Work Hours, Due To Pandemic, New Poll Says COVID-19: Half Of Americans Have Lost Job, Or Work Hours, Due To Pandemic, New Poll Says
Covid-19: Half Of Americans Have Lost Job, Or Work Hours, Due To Pandemic, New Poll Says Half the country has taken a financial hit due to the novel coronavirus (COVID-19) pandemic, and most don’t believe they’ll be heading back to work soon, according to a newly released Marist College poll. According to the poll, 50 percent of Americans said they or someone in their household has lost their jobs or hours due to the virus, up from 18 percent from a previous poll just a month ago. "There are few households in the country that haven't been affected by this crisis, through health, through school, through jobs, from all walks of life, from all backgrounds," Barbara Carvalho, direc…