COVID-19

How the Trump Administration’s Small Business Protection Program Has Failed Communities of Color

Leave a Comment / President Trump, SmallBusiness / By max cyril

The Covid-19 pandemic has devastated businesses run by people of color. The Trump administration’s Small Business Administration isn’t helping. In recent weeks, it’s become increasingly clear that the federal government has failed to protect minority-owned businesses from the pandemic’s economic fallout. According to data published by the National Bureau of Economic Research, the number of black-owned businesses …

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The Parent Trap

Leave a Comment / Working parents / By max cyril

Covid-19 has exacerbated capitalism’s impossible demands on mothers. Having children is one of the great mysteries of life. Like having sex, or falling in love, or developing faith in a higher power, it’s an experience that falls short of any description. Also like sex, love and religion, having children sucks about half the time, and it …

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Essential workers still lack essential protections

Leave a Comment / Essential Worker / By max cyril

The United States played fast and loose with the health of essential workers during the first months of the coronavirus pandemic, and the push to reopen businesses despite surging COVID-19 infections is no different. Essential workers and advocacy groups that represent them are calling for stronger health and safety protections, Sen. Elizabeth Warren and Rep. Ro Khanna …

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Women, minorities disproportionately reliant on jobless aid, data shows

Leave a Comment / unemployment / By max cyril

“It is not a stretch to say this policy choice is also a racial justice policy choice,” the Economic Policy Institute’s Heidi Shierholz said. Women and racial minorities are disproportionately reliant on unemployment insurance, economic data shows, leaving them most vulnerable if Congress decides not to renew the expanded benefits that are set to expire …

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Striking Out with Unemployment Benefits: Minor League Baseball (MLB) Players Hurdle to Collect Unemployment Insurance Benefits

Leave a Comment / unemployment / By max cyril

MLB and its players have begun discussing a way to restart the 2020 season following the COVID-19 delay. During this process, more than 1,000 players have been released from their contracts and have become free agents according to Forbes, while others are facing uncertainty on if they will also be released from their contracts or …

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Women will lose big if state and local governments can’t close coronavirus budget gaps

Leave a Comment / Working Women / By max cyril

The United States is on track to lose millions of jobs if the federal government doesn’t help state and local governments fill in budget shortfalls. Some of the jobs will be in the private sector as governments drop contracts and as public workers curtail their spending, but it’s a guarantee that government workers will be hard hit. …

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A $6.5 Trillion Stimulus Plan Now! Hong Kong Labor Activists Under the Gun

Leave a Comment / Stimulus / By max cyril

Let’s go really big! I outline a $6.5 trillion stimulus—more than double what the Democrats in the House passed—because that’s what the people need over the next year: $1.3 trillion in wage guarantees; $715 billion for state and local governments; $600 billion for a “Pandemic Medicare For All”; $1.5 trillion to cancel all student debt; …

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Working parents cannot return to their jobs if they can’t afford diapers

Leave a Comment / Working parents / By max cyril

It’s not yet clear if the forms of economic activity resuming in most states will quickly reduce the nation’s high unemployment rates, but one thing is certain: it won’t happen without diapers. Most child care operators will not accept a baby or toddler unless parents supply disposable diapers. This has always been a barrier to employment for …

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Among those who got PPP loans: Washington lobbying firms

Leave a Comment / Federal loans / By max cyril

More than two dozen lobbying, public affairs and consulting firms got loans designed to help small businesses weather the pandemic. More than two dozen Washington lobbying, public affairs and consulting firms received loans from the federal government to help them weather the pandemic, according to data released on Monday by the Small Business Administration. Firms …

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Employment won’t recover for a decade, CBO says

Leave a Comment / Employment / By max cyril

The economic outlook for the next 10 years has “deteriorated significantly” since the CBO issued its last complete set of projections in January. The nation’s unemployment rate will remain stubbornly higher for the next decade than it was before the pandemic, while economic output will be depressed for years under current tax and spending policy, …

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