Citing jobs, Trump claims victory over virus, econ collapse
The unemployment rate dropped to a better-than-expected 13.3%, but that is still on par with what the nation witnessed during the Great Depression.
US unemployment drops unexpectedly to 13.3% amid outbreak
The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers.
Emergency SNAP benefits in Texas extended during COVID-19 pandemic
More than 900,000 SNAP households will see the additional amount on their Lone Star Card by June 12.
FTC warns of ‘large scale’ unemployment fraud scam amid coronavirus pandemic
The Federal Trade Commission (FTC) is warning of a “large-scale scam erupting in the midst of the coronavirus pandemic” involving impostors who are filing claims for unemployment benefits using the personal information of people who have not filed any claims.
1.9 million seek jobless aid even as reopenings slow layoffs
Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace of layoffs.
Bars now at 50% capacity in Texas as part of Gov. Abbott's Phase 3 to Reopen Texas
On June 3, Gov. Greg Abbott announced the third phase of Texas' plan to safely reopen the economy amid the COVID-19 outbreak.
US private sector lost 2.7M jobs in May
Private employers slashed 2.7 million jobs in May as the coronavirus-induced lockdown devastated the U.S. economy and labor market, according to the ADP National Employment Report released Wednesday.
Fort Bend, Montgomery Counties work to give stimulus money to families in need
Fort Bend and Montgomery Counties are working to give rent, mortgage, and utility help to families in need due to the coronavirus pandemic.
Coronavirus could cause multitrillion-dollar decline in US economic output, new report shows
CBO expects a 'significant markdown' in GDP over the coming decade.
Small business owners can now apply for PPP loan forgiveness: Everything to know
Two months after the federal government rolled out the Paycheck Protection Program, small business owners that tapped the coronavirus aid can officially have their loans forgiven.
Struggling to pay your mortgage? Credible CEO on 3 tips homeowners need to know
As the coronavirus pandemic cuts deep into Americans’ finances, millions of homeowners throughout the country are struggling to pay — or skipping entirely — their mortgage payments.
Rental companies selling cars at discounted prices following halt on travel amid COVID-19 lockdowns
As Hertz Global Holdings Inc., files for bankruptcy following a near-halt on most travel amid the coronavirus pandemic, rental companies have reportedly begun selling much of their fleets in an attempt to survive the devastating economic impacts of the COVID-19 lockdowns.
Applying for unemployment while returning to work
As Texas continues to reopen, many questions are being asked around unemployment applications and returning to work.
Where Americans are spending and saving money in coronavirus pandemic
Forty-five percent surveyed said they spent more during quarantine.
Nearly 39 million have sought US jobless aid since virus hit
Roughly 38.6 million people have now filed for jobless aid since the coronavirus forced millions of businesses to close their doors and shrink their workforces, the Labor Department said Thursday.
How to make food last longer to save money
With grocery prices up 2.6% since March and family budgets shrinking, getting the most out of the food you buy is more important than ever.
Long line of shoppers wait outside reopened Ross store in Las Vegas
“The Ross on Tropicana & Fort Apache at 10am was a big nope from me,” Adrian Hernandez wrote on Twitter.
Testing every Texas nursing home resident and staff for COVID-19 could cost $29M, data shows
According to data from the breakdown, Texas has 1,219 nursing facilities with 93,561 residents and 99,780 staff, and the state would need 94,780 tests.
Houston's Chinatown restaurants hope to bounce back in Phase 2 of reopening Texas
The COVID-19 pandemic hurt the economy of Houston's Chinatown even before stay-at-home orders were issued. Now, businesses are struggling to survive as Texas moves on to Phase 2 of reopening.
Survey: 55 percent of employees say they work 1-10 extra hours remotely amid COVID-19
A recent survey done by Fishbowl, a employee social networking platform, found that the majority of its respondents said they were are working up to 10 more hours at home than they normally would if they were still working from their offices.