jobloss
Apple is laying off more than 600 workers in California, marking the company's first big wave of post-pandemic job cuts amid a broader wave of tech industry consolidation. The iPhone maker notified 614 workers in multiple offices on March 28 that they were losing their jobs, with the layoffs becoming effective on May 27, according to reports to regional authorities. The workers were cut from eight offices in Santa Clara, according to the filings under the state's Worker Adjustment and Retraining Notification Act, also known as WARN. But it's not clear which departments or projects the employee...
Euronews (English)
Congress last approved coronavirus stimulus checks in March of this year. These payments proved to be a life line for millions of Americans who were struggling to pay for their basic needs. Now, the impact of those payments appears to be fading after four months, but many are still struggling financially. This is why many are still pushing for another round of coronavirus stimulus checks to be approved before August. Q2 2021 hedge fund letters, conferences and more Is there need for more stimulus payments?After the IRS started sending the third stimulus checks of up to $1,400, there were repor...
ValueWalk
Senator Bernie Sanders has aggressively made the case for a $15 minimum wage. This morning’s new Congressional Budget Office report shows that, contrary to Sanders’ rhetoric, a $15 minimum wage will have a devastating impact on the country’s employers and employees. Q4 2020 hedge fund letters, conferences and more Specifically, the higher minimum wage would eliminate 1.4 million jobs. In fact, the policy would leave 500,000 more people jobless than it would pull out of poverty. Below are some key takeaways from the CBO's new report, which updates its 2019 analysis for new economic projections ...
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