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US Financial Assistance Package in the Works

The senate is working to finalize a reflief package to help Americans facing economic uncertainty due to Covid-19.

Senate Republican negotiators on Thursday rolled out a massive business assistance package, seeking to stave off a recession and soaring unemployment because of the coronavirus crisis.

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Small Business Administration Helps Offset Financial Impact

According to Yahoo Finance, the Small Business Administration is working to help small businesses cope with the financial impact of COVID-19.

President Donald Trump’s plan to utilize the Small Business Administration in the U.S. government’s coronavirus response is moving quickly, a top official told Yahoo Finance, with billions set to be allocated to cash-strapped establishments around the country.

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Study: 1 in 6 American workers could be negatively impacted by social distancing

About 1 in 6 workers, or about 17 percent of U.S. employees, could be negatively impacted if social distancing becomes the norm as the nation attempts to contain COVID-19, says a new Ball State University report. “Occupational Exposure to Social Distancing: A Preliminary Analysis Using O*NET Data,” an analysis by Ball State’s Center for Business and Economic Research (CBER), found that there are about 28 million jobs involving high levels of physical proximity with others and working with others. These jobs pay an average of $32,774 per year.

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