Jaclyn Jimenez was laid off from her job at Nordstrom after the pandemic shut down the economy.
The economic fallout of the Covid pandemic has been harder on millennials, who are already indebted and a step behind on the career ladder from the last financial crisis. This second pummeling could keep them from accruing the wealth of older generations.236
Employers added 1.8 million jobs in July and the unemployment rate fell to 10.2%, so far recovering less than half of the jobs lost due to the pandemic.456
The coronavirus pandemic has stifled a policy that has long bolstered Australia’s economy with skilled workers, students and agricultural laborers.
An increasing number of workers were unemployed for more than three months in July, a signal that the coronavirus pandemic is likely to have a lasting economic impact on many people.
The U.S. has levied sanctions on a host of senior Chinese officials over Beijing’s Hong Kong policy, including the region’s Beijing-appointed chief executive, Carrie Lam.
China’s exports picked up momentum in July for the second straight month, as global demand recovered with the easing of coronavirus-related restrictions.
