Gig workers could increase unemployment claims by another 10%: economist

Gig workers could increase unemployment claims by another 10%: economist

The week ending March 28 saw unemployment claims shatter expectations with 6.6 million workers filing for benefits amid the coronavirus crisis. Under the recently signed CARES Act, gig workers, or independent contractors, are eligible for unemployment benefits for the first time ever. It’s part of the PUA program, or Pandemic Unemployment Assistance. According to one […]
Bail out workers, not shareholders

Bail out workers, not shareholders

The past decade has been good to corporate shareholders. Last year marked the longest bull market in history, with the S&P 500 rising 330% from its March 2009 low. And while those gains have taken a significant hit as a result of the COVID-19 crisis, shareholders...