Apartment landlords across the U.S. spent the last days of March holding their collective breath while waiting for rent checks to come in. For the most part, they did, thanks to the $2 trillion in emergency relief authorized by Congress to blunt the economic blow of the pandemic. Now, expanded unemployment benefits are expiring and… Continue reading Renters, Apartment Owners Bracing for the Worse as Unemployment Lifeline Set to End
Tag: COVID-19 unemployment
Up to 43 Million Could Lose Employer-Sponsored Health Insurance
As unemployment soars, an estimated 25 million to 43 million people will lose their employer-sponsored health insurance coverage in the coming months, according to a new study. Before the COVID-19 pandemic, about 160 million people nationwide under the age of 65 got their health insurance through their jobs. Between March 15 and April 25, 30… Continue reading Up to 43 Million Could Lose Employer-Sponsored Health Insurance
Layoffs and Pay Cuts Are Now Striking More White-Collar Jobs
First, it was bars, restaurants, hotels. And clothing stores, movie theaters, entertainment venues. And countless small businesses, from bookstores to barber shops. Now, the record-setting flood of layoffs unleashed by the viral outbreak is extending beyond the services industries that bore the initial brunt and are still suffering most. White collar employees, ranging from software… Continue reading Layoffs and Pay Cuts Are Now Striking More White-Collar Jobs