Cynthia Littleton Coronavirus social pandemic economy Cynthia Littleton

Feds Adapt to Industry Needs Amid Unemployment Crisis

Reading now: 240
variety.com

Showbiz freelancers, gig economy workers force changes to safety-net program By Cynthia Littleton Business Editor The entertainmentindustry is facing what’s shaping up to be its worst unemployment crisis since the Great Depression, as the pandemic hobbles businesses across the globe.

In the U.S., the coronavirus outbreak has forced the federal government to rush through the largest expansion of unemployment insurance in the 85-year history of the program, which was established as part of the Social Security safety net.

That’s welcome news for the hundreds of thousands of industry-related workers grappling with a sudden job loss through layoffs and furloughs.

Read more on variety.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA