This Business News Story Was Uncovered By Us From: https://www.youngadultmoney.com/100-days-into-covid/
This exclusive trade related news story, was chosen specifically by Marcus lee, who is one of our undercover online business News flash reporters – will offer you more insight in how these points of views could be decoded into your own business projects.
It’s now been more than 100 days since COVID took a hold on the United States.
COVID has resulted in mass-shutdowns of businesses, schools, and workplaces, led to stay-at-home orders, social distancing and mask-wearing, and ultimately took the US economy from a sprint to a crawl.
We’ve seen tens of millions of Americans file for unemployment.
The Federal Government has taken large-scale actions to prop up the economy including hundreds of billions of dollars in business aid, stimulus checks sent directly to citizens, and unemployment assistance at such a high level that many who receive it are making more than they were when they were fully employed.
The Federal Reserve has also taken action with near-zero interest rates and other actions that equate to trillions in aid.
Some states have begun re-opening their economy, but in some states that have been more aggressive in re-opening such as Florida, Arizona, and Nevada the number of cases have increased. Many people are experiencing fatigue from the past three months of isolation – and subsequently becoming lax or outright ignoring social distancing and mask-wearing – as a result.
With the economy largely propped up by massive government intervention and COVID seemingly here to stay through at least the remainder of 2020, many are wondering: what happens next?
The extra $600 a week in federal unemployment benefits expires July 31st.
But t… Read More
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