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Stories Tagged as

Coronavirus recession

COVID-19

As COVID-19 lockdown eases, Britain faces an unfamiliar threat: mass unemployment

by Stephen Beard
Jun 17, 2020
Laid-off workers try to come to terms with a grueling new reality in what was once Europe’s most vibrant labor market.
A million jobs have been lost in the United Kingdom during the COVID-19 pandemic as people stayed home and practiced social distancing.
Mike Hewitt/Getty Images
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COVID-19

Which jobs are coming back first? Which may never return?

by Scott Tong
Jun 17, 2020
A snapshot of who's hiring now, plus a warning about employment predictions in an unknown COVID-19 recovery.
Job postings in the beauty and wellness category rebounded at the job-listing behemoth Indeed.
Jim Watson, Getty Images
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COVID-19

Restaurant menus are shrinking, thanks to the pandemic

by Erika Beras
Jun 15, 2020
Smaller menus save restaurants money and let them focus on what customers really want.
An employee cleans the posted menu of a reopened Virginia restaurant. Menus have downsized as the industry's revenue declined.
Olivier Douliery/AFP via Getty Images
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Recession hit U.S. in February, ending record-long expansion

by Associated Press
Jun 8, 2020
A group of economists declared Monday that the longest expansion on record has ended.
A restaurant closed in March due to the coronavirus pandemic.
Adalberto Roque/AFP via Getty Images
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COVID-19

What we've learned so far about where the economy is headed

by Maria Hollenhorst and Kai Ryssdal
May 22, 2020
It’s been eight weeks since the CARES Act became law. Will the economic crisis it was meant to combat get as bad as the Great Depression?
There's still a lot that we don't know about how economic recovery will play out.
Josh Edelson/AFP via Getty Images
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COVID-19

How the COVID-19 economy is changing Americans' spending habits

by David Brancaccio , Chris Farrell , Candace Manriquez Wrenn and Erika Soderstrom
May 11, 2020
Post-lockdown spending sprees are looking a lot less likely.
Americans won't be racing out to spend money as lockdown restrictions ease, early indicators suggest.
Maddie Meyer/Getty Images
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United States of Work

How one unemployed bartender is making ends meet

by Kai Ryssdal and Maria Hollenhorst
May 4, 2020
A government stimulus check, unemployment benefits and helpful roommates are keeping Neil Cairns afloat — for now.
Bartender Neil Cairns in Portland, Oregon, hasn't been able to work since mid-March.
Thomas Patteron
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COVID-19

How economists are keeping up in the fast-paced COVID-19 recession

by Sabri Ben-Achour
Apr 23, 2020
Quarterly and monthly data, like GDP and the unemployment rate, don't really give us a picture of what is happening today.
Economists are using real-time data in the COVID-19 pandemic and recession.
Spencer Platt/Getty Images
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