When the pandemic hit the U.S. last year, millions of Americans suddenly went from commuting to the office every weekday to working from home on their laptops. While it was difficult for some people to adjust to this abrupt change, many others became accustomed to remote work quickly, and they would very much like to continue doing just that. As a result, a number of companies are experimenting with “hybrid offices” in which employees come in a couple days of Continue reading

Continue reading...

Although the U.S. is averaging nearly 2 million Covid-19 vaccinations per day, the rate has certainly slowed down since last month’s daily average of 3.3 million vaccinations. 60 percent of the population has received at least one dose, but that still leaves tens of millions more who need to get their shots before the country hits herd immunity. According to a recent survey, worries about taking time off of work is one of the major reasons why many Americans have Continue reading

Continue reading...

The widespread disruptions caused by the pandemic resulted in millions of Americans losing their jobs last year and subsequently applying for unemployment benefits. In one especially bleak week in spring 2020, new unemployment claims topped out at more than six million as businesses locked down to prevent the spread of coronavirus. Although the amount of new claims steadily began to decline after this historic high, hundreds of thousands of Americans have nevertheless applied for unemployment week after week since the Continue reading

Continue reading...

April 27, 2021

Last year, the onset of the pandemic devastated air travel as lockdown orders kept planes on the ground all over the world. After numerous airlines nearly collapsed as a result, the federal government provided the industry with three bailouts amounting to tens of billions of dollars in relief. This allowed airlines to keep many of their employees on the payroll while they waited to see if travel would recover. And now with ticket sales on the rise once again, analysts Continue reading

Continue reading...

April 15, 2021

After experiencing the worst year for the hospitality industry in U.S. history, restaurants and bars are beginning to bounce back as vaccinated Americans reemerge into the world and Covid-19 restrictions ease. For instance, sales at the Miami coffee shop and eatery All Day spiked in January to their highest levels since the start of the pandemic. “It was like turning on a light switch,” said owner Camila Ramos. As customers continued to flood into All Day, she tried to hire Continue reading

Continue reading...

April 6, 2021

Starting in March 2020, new unemployment claims in the U.S. seemed to reach record levels every week as businesses closed all over due to the pandemic. And while that number has gradually been decreasing in recent months, thousands of people continue to file fresh unemployment claims each week. 719,000 workers filed for unemployment last week, an increase from 658,000 initial claims the week before.

Although the U.S. unemployment rate remains high, some experts are optimistic that the economy is on Continue reading

Continue reading...

April 2, 2021

As the NCAA March Madness tournament enters its final stages, politicians and labor advocates have reignited a debate about compensating college athletes. This video takes an extensive look at the discussion as it currently stands and how possible legislation could change matters in the future.

Questions:

  1. What is the NCAA’s reasoning for not compensating student athletes?
  2. Do you think NCAA athletes should receive compensation for participating in college sports? Why or why not?
Continue reading...

March 18, 2021

Last week, Congress passed a $1.9 trillion stimulus package aimed primarily at easing the financial burdens that many Americans have felt during the pandemic. While previous stimulus bills were directed more towards businesses, this latest package provides $960 billion in aid towards individuals through $1,400 checks, unemployment coverage, and provisions for child care. The bill also includes tax credits as well as programs that seek to make rent, food, and healthcare more affordable.

According to economists, low-to-middle income Americans will Continue reading

Continue reading...

March 11, 2021

One year ago, the World Health Organization designated the coronavirus as a pandemic. Soon after that announcement, life in the U.S. changed utterly as offices, airlines, and professional sports leagues all came to a halt. And while the U.S. economy is beginning to recover as the vaccine rollout gains momentum, the coronavirus pandemic has had a seismic impact upon America and the rest of the world that will be felt for years to come.

More than 118 million cases of Continue reading

Continue reading...

March 2, 2021

The coronavirus pandemic caused millions of people to lose their jobs last year and file for unemployment benefits, which were expanded several times through federal legislation. Now, many Americans are discovering that they owe taxes on these payments that were vital for them to make ends meet. For example, Erika Rose of Los Angeles has been on unemployment insurance since the start of the pandemic and has spent the winter stretching every penny to pay rent and utilities. When she Continue reading

Continue reading...