At least 4 million private-sector workers have had their pay cut during the pandemic, according to economists who worked on a labor market analysis for the University of Chicago’s Becker Friedman Institute.
The payroll company ADP said Wednesday that small businesses reported the biggest increase, adding 937,000 jobs. Among industries, construction firms, restaurants and hotels, and retailers posted large gains in hiring.
Prospects for the legislation in the House, however, were uncertain. Both chambers are set to adjourn for a two-week recess by week’s end.
Dr. Anthony Fauci said areas seeing recent outbreaks are putting the entire nation at risk. He cited recent video footage of people socializing in crowds, often without masks, and otherwise ignoring safety guidelines.
The whiplash that ripped through markets in the second quarter came as investors became increasingly hopeful that the economy can pull out of its severe, sudden recession relatively quickly.
Organizers on Tuesday announced the formal launch of a business and community task force that will try to address issues facing downtown Indianapolis stemming from the pandemic and social unrest.
The Indiana State Fair has been called off this year, but the fairgrounds will still feature dozens of rides and vendors selling fair food this summer.
Because the pandemic has forced working parents around the world to take on the additional responsibilities of numerous types of caregivers—teachers, nannies and housekeepers, to name a few—do people now have more empathy for stay-at-home parents?
Indiana has seen rising coronavirus case numbers over the past seven days compared with the previous week.
The Children’s Museum said it is projecting a loss of $4 million to $7 million in 2020 because of the three-month health crisis closure.
The tourism group’s new “You Have Earned It” campaign focuses on Indiana residents and relies heavily on Facebook and Google advertising platforms.
The campaign, which launches Wednesday, has two goals: Supporting local Black-owned businesses and helping other companies do a better job of supporting the Black community.
Business owners and advocacy groups complain that the money in the Paycheck Protection Program has not fully put to work because the program created obstacles that stopped countless small businesses from applying.
Fed officials say more than 200 banks have signed up to participate since the program began two weeks ago, but that’s a small slice of the nation’s roughly 5,000 lenders. None have made any loans yet.
Amid an alarming resurgence of coronavirus cases in places nationwide, more people are being required to wear masks in public.
U.S. companies are providing reason for hope that an earnings recession may be less severe than some analysts expect.
Business Roundtable’s CEO Economic Outlook Survey fell to 34.3 in the second quarter, its lowest reading since the same three months of 2009, according to results released Monday.
The company had planned to begin opening theaters in mid-July, but last week the July theatrical release calendar was effectively wiped clean.
Contact tracing—tracking people who test positive and anyone they’ve come in contact with—was challenging even when stay-at-home orders were in place. Now it’s getting even more difficult as states reopen.
The Indiana State Department of Health on Monday said 1,166 people from long-term-care facilities have died in the state.
