Posts in category 'Economic Impact'
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22
COVID-19 Homeowner Help
Being Home is a blessing to some and a struggle for others. During this time take a moment to review this blog for some valuable resources for business owners, restaurants, mortgage assistance, and most important family activities to keep you sane.
Good EATS
Centers for Disease Control and Prevention and local health officials for guidance to inform our decisions.
20
The Pain of Unemployment: It Will Be Deep, But Not for Long
There are two crises in this country right now: a health crisis that has forced everyone into their homes and a financial crisis caused by our inability to move around as we normally would. Over 20 million people in the U.S. became instantly unemployed when it was determined that the only way to defeat this horrific virus was to shut down businesses across the nation. One second a person was gainfully employed, a switch was turned, and then the room went dark on their livelihood.
The financial pain so many families are facing right now is deep.
How deep will the pain cut?
Major institutions are forecasting unemployment rates last seen during the Great Depression. Here are a few projections:
- Goldman Sachs – 15%
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