COVID-19 and its impact on the economy

Tag: COVID-19

COVID-19, also called coronavirus, is a world-wide pandemic that was first identified in Wuhan, China in December 2019. Primary symptoms include severe acute respiratory distress (including shortness of breath or breathing difficulties), fever, cough, fatigue and loss of smell.

The World Health Organization declared the outbreak a pandemic on March 11, 2020.

The pandemic has caused major social and economic disruption due to social distancing restrictions. Authorities worldwide have responded by implementing travel restrictions, lockdowns, workplace hazard controls and educational and business closures to slow the spread of the disease.

The pandemic has resulted in extreme unemployment as businesses were forced to close, and the majority of workers who still have jobs are working remotely for the foreseeable future.

WE ARE ALL IN THIS TOGETHER

Tips For Employers To Help Working Parents Succeed During These Challenging Times This fall, millions of [...]

Adapting Payroll to the Post-COVID-19 Workplace and Beyo …

Just like virtually every other aspect of the workplace, payroll has been disrupted by the COVID-19 crisis. [...]

Legislative Initiatives to Restore Worker Financial Heal …

In the New York legislature in Albany, Senator Benjamin and his colleagues in leadership in the legislature have introduced several measures to address the physical and financial needs of state residents. Initiatives include help for small businesses to stay afloat and tenant-based relief in coordination with federal programs.

Companies Will Need to Work Different in the New Workpla …

As Americans begin to return to work, a new DailyPay survey finds that remote work will be permanent and [...]

Survey Says: COVID-19 is Motivating More People to Save …

The global pandemic has had devastating financial effects on so many. However, one positive effect that has [...]

THE COVID-19 PANDEMIC HAS MOTIVATED A MAJORITY OF AMERIC …

Despite economic challenges, more Americans are likely to save for the future after the global health [...]

The Value of Flexible Work and Flexible Pay Post-COVID-1 …

The COVID-19 pandemic has altered nearly every aspect of life as we knew it, but the world of work seems to [...]

Housing, Utilities and Credit Card Payment Relief in COV …

The first of the month means rent, utilities and credit card payments are due for hundreds of millions of [...]

Success Beyond COVID-19: Tips and Tactics to Help QSR an …

In this webinar, you will learn how to reframe your business plan for the “new normal” by leveraging advice and tips from other companies, how to plan successful business recovery efforts, and how to ensure that your staff is prepared to work and move forward.