Business & Economy
Business & Economy
40.8 Million Out Of Work In The Past 10 Weeks — 26% Of Labor Force
More than 1 in 4 U.S. workers have lost their jobs since coronavirus shutdowns began. Last week, an additional 2.1 million people filed for unemployment benefits.
Boeing Cuts More Than 12,000 Jobs Due To Drop In Air Travel
The number of people traveling by air has plummeted more than 90% since the beginning of March. More than half of the employees losing their jobs are being laid off involuntarily.
After Months of Steep Declines, Air Traffic Is Picking Up
The airlines have lost billions of dollars in revenue with virtually no demand during the coronavirus pandemic. Now they are seeing more bookings despite concern from passengers.
Washington State Paid Out ‘Hundreds Of Millions’ In Bogus Jobless Benefits
Impostors have used the stolen information of tens of thousands of people in Washington to fraudulently receive hundreds of millions of dollars in unemployment benefits, the head of the state’s Employment Security Department said Thursday.
‘Are Their Apples Worth More Than Our Lives?’ Yakima Valley Fruit Workers Strike For Protections, Pay
So far this month, more than 400 Yakima Valley fruit packing workers have gone on strike, according to Familias Unidas Por La Justicia. The farmworker advocacy group, based in Skagit County, is helping these workers organize committees, negotiate with employers and seek legal advice.
Eastern Washington Small Businesses Get Coronavirus Relief Through State Grants
Washington’s Commerce Department has announced about $10 million in coronavirus relief grants for some of the state’s smallest businesses. Nearly 200 businesses in rural eastern Washington towns are among the recipients.
About Half Of U.S. Homes Lost Wages During Pandemic, Census Bureau Finds
Because of the COVID-19 crisis, 47% of adults say their households have lost employment income and close to 40% have delayed getting medical care, according to early results of a Census Bureau survey.
Target’s Average Day In April Was Bigger Than Cyber Monday
Though its stores remained open, Target saw its online sales jump 141% in the past three months, with 5 million shopping on the retailer chain’s website for the first time.
Senators Clash Over How Soon To Reopen The Economy
Lawmakers squabbled over how quickly the economy can rebound from the coronavirus shutdown and whether the government is doing enough to support struggling families and businesses.
10 More Washington Counties, Including Larger Ones Like Spokane, Eligible For Earlier Reopening
Gov. Jay Inslee on Tuesday said that 10 additional counties are eligible to apply to loosen some social distancing restrictions in place to mitigate the spread of the coronavirus.
Oregon Emergency Measures Back On As State Supreme Court Holds Judge’s Ruling To Overturn
A Baker County judge has invalidated Brown’s restrictions on businesses and social gatherings, along with every other executive order Brown has issued under a state of emergency she ordered due to the COVID-19 pandemic.
Congress Gave Colleges A $14 Billion Lifeline. Here’s Where It’s Going
Like so many sectors of the economy, higher education is taking a big hit from the pandemic. The U.S. Department of Education has so far distributed more than $10 billion in relief funds to colleges.
