Search results
Results From The WOW.Com Content Network
The economic impact of the COVID-19 pandemic in the United States has been widely disruptive, adversely affecting travel, financial markets, employment, shipping, and other industries. The impacts can be attributed not just to government intervention to contain the virus (including at the Federal and State level), but also to consumer and ...
The COVID-19 pandemic caused far-reaching economic consequences [1] including the COVID-19 recession, the second largest global recession in recent history, [2] decreased business in the services sector during the COVID-19 lockdowns, [3] the 2020 stock market crash (which included the largest single-week stock market decline since the financial ...
Here’s how it happened: The Small Business Administration created the Shuttered Venue Operators Grant (SVOG), which was designed to give grants to venues affected by COVID-19 lockdowns.
The COVID-19 pandemic had a deep impact on the Canadian economy, leading it into a recession. The government's social distancing rules had the effect of limiting economic activity in the country. Companies started mass layoffs of workers, and Canada's unemployment rate was 13.5 percent in May 2020, the highest it has been since 1976. [1]
A GOBankingRates study found that nearly one in three people who qualified for the Child Tax Credit don’t know what impact it will have on their taxes, but that’s not the only unique ...
As of 2023, the COVID-19 pandemic is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS CoV‑2). Its effect has been broad, affecting general society, the global economy, culture, ecology, politics, and other areas.
But with federal, state, local or private small business grants, businesses can access non-repayable capital, making it one of the most low-risk, affordable ways to fund a business. Frequently ...
The Temporary COVID-19 Wage Subsidy Scheme replaced an earlier COVID-19 Employer Refund Scheme. [20] [21] By early April, the Central Statistics Office (CSO) announced that a figure equivalent to more than one tenth of the country's population were unemployed. [22] [23] A spokesman for Goodbody Stockbrokers described it as "unprecedented". [24]