Apocalyptic, a natural catastrophe, a generation-defining moment are just some of the words or terms that describe the economy and the labor market right now. The news could get a lot worse in the coming months.
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Pandemic lifelines have arrived from Congress. The crushing financial impact from coronavirus prompted the government to provide $2 trillion dollars in the third phase of its response to the escalating crisis.
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It’s official: the coronavirus health pandemic has become a financial pandemic. Already, tens of thousands of workers are being laid off, especially in the airline, hotel and hospitality sectors.
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