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COVID-19 and the Economy

What you need to know about the COVID-19 pandemic's effects on America's economy, and what it means for your finances.

Americans quit jobs at highest rate on record in August, Labor Department says

Americans quit jobs at highest rate on record in August, Labor Department says

One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves.

October 12, 2021 12:39pm CDT
Survey: 69% of hiring managers want to see COVID-19 vaccination status on resumes

Survey: 69% of hiring managers want to see COVID-19 vaccination status on resumes

Among the hiring managers surveyed, about a third said they would automatically eliminate resumes that did not disclose the candidate’s vaccine status.

October 11, 2021 4:42pm CDT
Workers fired for COVID-19 vaccine refusal may lose unemployment benefits

Workers fired for COVID-19 vaccine refusal may lose unemployment benefits

Businesses are increasingly adopting COVID-19 vaccine requirements for their employees, and those who are fired for not complying could become ineligible for unemployment benefits.

October 11, 2021 1:29pm CDT
COVID-19 stimulus checks: ‘Math error’ could mean some owe more in taxes

COVID-19 stimulus checks: ‘Math error’ could mean some owe more in taxes

People who received a 6470 letter in the mail could see one of three notices which include a CP11, CP12, or CP13.

October 8, 2021 3:52pm CDT
September jobs report: US adds weak 194K jobs as delta maintains hold

September jobs report: US adds weak 194K jobs as delta maintains hold

U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy.

October 8, 2021 12:52pm CDT
US unemployment claims fall to 326,000, first drop in four weeks

US unemployment claims fall to 326,000, first drop in four weeks

U.S. unemployment claims were down by 38,000 to 326,000 last week, the first drop in four weeks.

October 7, 2021 7:59am CDT
US unemployment claims tick up from near a pandemic low

US unemployment claims tick up from near a pandemic low

U.S. unemployment claims rose last week for a second straight week to 351,000.

September 23, 2021 8:07am CDT
Biden calls on wealthy to ‘pay their fair share’ in speech on economy

Biden calls on wealthy to ‘pay their fair share’ in speech on economy

President Biden says America's economy is at an inflection point during a speech Thursday afternoon.

September 16, 2021 2:35pm CDT
US unemployment claims rise as delta variant weighs on economy

US unemployment claims rise as delta variant weighs on economy

U.S. unemployment claims rose last week to 332,000 from a pandemic low, a sign that worsening COVID-19 infections may have slightly increased layoffs.

September 16, 2021 8:04am CDT
College uses stimulus money to pay off $223K+ in student debt
video

College uses stimulus money to pay off $223K+ in student debt

September 15, 2021 4:49pm CDT
Stimulus payments curbed poverty growth during pandemic, census shows

Stimulus payments curbed poverty growth during pandemic, census shows

The share of Americans in poverty rose slightly to 11.4% in 2020, but COVID-19 relief payments eased losses for many, census data showed.

September 14, 2021 9:33am CDT
US unemployment claims reach another pandemic low as economy recovers

US unemployment claims reach another pandemic low as economy recovers

U.S. unemployment claims fell last week to 310,000, a pandemic low and a sign that rising COVID-19 cases have yet to lead to widespread layoffs.

September 9, 2021 10:26am CDT
Pandemic unemployment benefits end for 7M Americans on Labor Day

Pandemic unemployment benefits end for 7M Americans on Labor Day

The expiration of jobless benefits could fuel a sharp spending pullback.

September 6, 2021 12:07pm CDT
Two COVID-19 safety nets ending Labor Day, affecting millions

Two COVID-19 safety nets ending Labor Day, affecting millions

Labor Day represents a perilous crossroads for millions of Americans: Two primary anchors of the government's COVID-19 protection package are ending or have recently ended.

September 5, 2021 10:50am CDT
US unemployment claims reach a pandemic low as hiring strengthens

US unemployment claims reach a pandemic low as hiring strengthens

U.S. unemployment claims fell last week to 340,000, a pandemic low and another sign that the job market is steadily rebounding.

September 2, 2021 8:12am CDT
US unemployment claims rise by 4,000 to 353,000

US unemployment claims rise by 4,000 to 353,000

U.S. unemployment claims rose for the first time in five weeks even though the economy and job market have been recovering from the pandemic.

August 26, 2021 7:43am CDT
US unemployment claims hit pandemic low as hiring strengthens

US unemployment claims hit pandemic low as hiring strengthens

The U.S. Labor Department reported Thursday that unemployment claims fell last week for a fourth straight time to a pandemic low of 348,000.

August 19, 2021 8:44am CDT
US jobless claims fall for 3rd straight week as economy strengthens

US jobless claims fall for 3rd straight week as economy strengthens

U.S. unemployment claims dropped to 375,000, near a pandemic low and another sign of strength for a rebounding economy and job market.

August 12, 2021 9:12am CDT
Pritzker announces small business grants to help recover from pandemic

Pritzker announces small business grants to help recover from pandemic

Illinois small businesses are getting an extra hand.

August 11, 2021 5:34pm CDT
July jobs report: US adds 943K jobs, unemployment rate drops to 5.4%

July jobs report: US adds 943K jobs, unemployment rate drops to 5.4%

Hiring surged in July as U.S. employers added 943,000 jobs. The unemployment rate dropped to 5.4% from 5.9% in June.

August 6, 2021 12:21pm CDT
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Chicago man charged in armed robbery on South Side

Chicago man charged in armed robbery on South Side

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‘They beat me’: Chicago mother says 6-year-old brutally bullied as school withholds video

7 charged in Chicago grocery store parking lot drug sales investigation, sheriff says

7 charged in Chicago grocery store parking lot drug sales investigation, sheriff says

Chicago weather: Single-digit temps and subzero wind chills grip the city

Chicago weather: Single-digit temps and subzero wind chills grip the city

Chicago man charged with murder months after deadly shooting

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Triple-fatal I-290 crash: 3 dead after vehicle hits bridge support column, rolls over

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