“The truth is that consumers’ attitudes about the COVID-19 pandemic vary dramatically by their personal circumstances and preferences. Some are working professionals who have been lucky to operate remotely and are now eager for reasons to leave their homes. Others are still so worried about...
The U.S. Labor Department (DOL) reported Thursday (July 9) that another 1,314,000 American filed initial claims for jobless benefits last week, bringing the total number to more than 49 million since the pandemic began. Get the Full Story Complete the form to unlock this article...
St. Louis Federal Reserve President James Bullard put in a vote of confidence for the U.S. economy on Wednesday (July 8), saying that the unemployment rate could fall as low as 7 percent by the end of 2020, according to CNBC. Get the Full Story...
According to a recent National Bureau of Economic Research (NBER) survey, two-thirds of unemployed workers in the U.S. after the CARES Act could have received compensation that was better than what they earned at their previous jobs, with one-fifth also receiving almost double what they...
That people and life itself are changing as a result of the pandemic is not in doubt. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
The British government will provide cash bonuses and other incentives to employers that re-hire workers who were laid off as a result of COVID-19, Chancellor of the Exchequer Rishi Sunak told Parliament on Wednesday (July 8). Get the Full Story Complete the form to unlock...
Might one casualty of the coronavirus be the city center? One of the pandemic’s effects has been to spur individuals and companies to physically relocate from their city’s downtown area to its outskirts. Get the Full Story Complete the form to unlock this article and...
As the pandemic continues to disrupt everyday life the world over, consumers might want refunds on things they have already paid for but may not be able to use. Sports teams are offering to provide credits or refunds to their fans. Get the Full Story...
For the digital consumer — for the U.S. economy — a recovery is in the cards, yes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
