Two years after the federal government approved $350 billion in emergency funding for states and localities to respond to the public health crisis, much of the funds have not been used.
Category: Government Employees
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Small-Business Owners in D.C. Area Fear Federal Shutdown
Once again, the florists, bars, gyms, cafes, dry cleaners and other small businesses that serve federal employees in the District of Columbia and its suburbs are bracing for an economic blow.
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A Government Shutdown Looms. What Services and Benefits Could Be Affected?
Many federal agencies have plans in place to weather a shutdown, but a disruption would still affect critical government services.
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U.S. Government Shutdown Is Unlikely to Cause an Immediate Recession
White House and Wall Street estimates suggested the economy could withstand a brief shutdown, with risks mounting the longer it lasts.
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A Government Shutdown Looms. What Services and Benefits Could Be Affected?
Many federal agencies have plans in place to weather a shutdown, but a disruption would still affect critical government services.
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The Risks Hidden in Public Pension Funds
Attracted by promises of high returns, many public pension funds have been loading up on private equity but may not fully appreciate the dangers, our columnist says.
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Jobs Sit Empty in the Public Sector, So Unions Help Recruit
Shortages of state and city personnel, especially those who must work on site, are so dire that unions are helping to get people in the door.
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Too Many Workers, or Too Few: India’s Colossal Employment Challenge
In some places, educated young people are desperate for steady employment in the world’s most populous nation. In others, factory owners struggle to retain workers.
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China’s Young Elite Clamber for Government Jobs. Some Come to Regret It.
The New York Times – Business:With youth unemployment high, millions will take this month’s Civil Service exam. But for those who get jobs, the reality can be monotonous work that blurs the line with personal lives.
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China’s Youths, Stung by Years of Covid Rules, Fear Grim Job Future
The New York Times – Business:A sluggish economy continues to leave many young people unemployed, with few job prospects or hopes to tap into the rising incomes their parents enjoyed during boom times.
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Deadline Nearing, White House Plans Wider Changes to Public Service Student Loan Relief
The New York Times – Business:Loan servicers are overwhelmed with calls from applicants seeking to meet an Oct. 31 deadline for taking advantage of temporary changes to a long-troubled aid program.