New Jersey Business Owner Discusses Decision To Close For Good, Workers Prepare For Unemployment
Analysts said the country's latest jobs report was better than expected, but still cause for concern.
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Analysts said the country's latest jobs report was better than expected, but still cause for concern.
Employers added 1.8 million jobs last month, the Labor Department said Friday, meaning only about 40% of the country's jobs lost during the March and April shutdowns have been regained.
A number of struggling New Yorkers are adjusting to changing financial realities with rising unemployment and a worsening economy
De Blasio spoke about the $600 weekly unemployment benefit that is set to expire Friday, and criticized the Senate majority for blocking a stimulus bill that he believes is desperately needed.
The U.S. economy shrank at a record-breaking 32.9% rate in the second quarter of this year as Americans sheltered at home during the coronavirus pandemic, the Commerce Department said Thursday.
Treasury Secretary Steven Mnuchin announced Thursday that the White House and Senate Republicans have reached a "fundamental agreement" on their opening offer, CBS News reports.
The number of Americans seeking unemployment benefits rose for the first time since the pandemic hit in March.
Even with small businesses reopening in New York, some fear that they won't be able to stay open.
Malls will have limited capacity to prevent crowding and shoppers must wear face coverings.
Phase 4 was supposed to include movie theaters, malls and gyms, but that isn't the case.
Businesses must operate at only 25% capacity with proper safety measures in place, and face coverings are required.
Earlier this week, the mayor and governor said they were considering pumping the brakes on indoor dining.
Phase 3 includes restaurants with indoor dining at 50% capacity, plus more personal care services, like spas, nail salons, tattoo parlors and more.
CBS2's Nick Caloway reports plenty of people were smiling behind their face coverings as they went to get the hair and nails done for the first time in months.
All establishments must follow social distancing rules, and employees and customers have to wear face coverings if they're within six feet of people.
On a sunny Wednesday, it was hard to tell indoor dining is now allowed in Connecticut, as customers took advantage of the weather and sat outside along busy Greenwich Avenue.
On Tuesday, Gov. Andrew Cuomo unveiled guidelines for the eventual return of indoor dining.
Businesses are in the process of reopening this week, and while many are struggling, some are getting a new boost from federal dollars.
Phase 1 is a return to retail for curbside pickups, along with construction and manufacturing.
The latest indicators put the city on pace to start Phase 1 of reopening on Monday.
Seven upstate regions have already entered Phase 2. As of Thursday, restaurants there can reopen for outdoor dining.
The governor wants to use the coronavirus crisis as an opportunity to repair the nation's crumbling roads and bridge while helping to revive the economy.
The word of the day during Gov. Phil Murphy's coronavirus media briefing on Wednesday was "testing."
The gym reopened on Monday and had continued daily operations, receiving summonses each day for violating the state order.
Gov. Phil Murphy signed an executive order last week allowing retail stores to offer curbside pick-up only. Customers are asked to pre-order online or by phone.
