Tag:

Economic Impact

COVID-19: Cats, Dogs, Caviar, Here Are Odd Shortages Caused By The Pandemic COVID-19: Cats, Dogs, Caviar, Here Are Odd Shortages Caused By The Pandemic
Covid-19: Cats, Dogs, Caviar, Here Are Odd Shortages Caused By The Pandemic The COVID-19 pandemic and subsequent economic turmoil are leading to supply shortages in places you might not have considered. Among purchasables in short-supply are cats and dogs up for adoption to baking yeast, jigsaw puzzles, and truffles among other things. When COVID-19 closed much of the economy in March 2020, items that include toilet paper, paper towels, cleaning supplies, coins, meat, and flour were among the first pandemic-related shortages Americans experienced. Most of those shortages have been addressed by manufacturers and supply chains. But as the U.S. comes up on one year…
COVID-19: Map Predicts Pandemic's Economic Impact On Every Street In US - Find Yours Here COVID-19: Map Predicts Pandemic's Economic Impact On Every Street In US - Find Yours Here
Covid-19: Map Predicts Pandemic's Economic Impact On Every Street In US - Find Yours Here A new interactive map is forecasting the economic impact of the COVID-19 pandemic not just on individual states, and towns, but neighborhoods, as well. Created by BestNeighborhood.org, a property data clearinghouse, the map draws on industry data and economic projections to predict where the economy will be hardest hit by the pandemic over the next 6-12 months. With just a bit of clicking and zooming, very precise predictions about where the economy is expected to suffer the greatest economic damage from COVID-19 can be searched down to street-level. The map is color-coded and, at the s…
COVID-19: Pet Valu Closing All US Stores COVID-19: Pet Valu Closing All US Stores
Covid-19: Pet Valu Closing All US Stores Pet Valu is closing all of its stores in the United States starting Thursday, Nov. 5. On Wednesday, Nov. 3, in a press release owners said the economic impact of COVID-19 has forced their decision to close 358 stores across the nation. There are dozens of Pet Valu retailers located in Connecticut. Pet Valu Canada will not be affected by the changes, owners said in a press release. The 600 Canda stores and online retail will continue on. Pet Valu said that all sales will be final starting on Nov. 5 - no refunds or exchanges. People are being encouraged to spend any accumulated loyalty pe…
The Struggle Is Real: 44 Percent Of Families Spent All/Most Of Savings Since COVID-19 The Struggle Is Real: 44 Percent Of Families Spent All/Most Of Savings Since COVID-19
The Struggle Is Real: 44 Percent Of Families Spent All/Most Of Savings Since Covid-19 A new poll of U.S. households with children found that more than 60 percent are facing major financial difficulties since the COVID-19 outbreak. Released in September, the new study, “The Impact of Coronavirus on Households With Children,” is a research project between NPR, the Robert Wood Johnson Foundation, and the Harvard TH Chan School of Public Health. The study polled nearly 3,500 adults with children and highlights how households are faring in areas of child care, finances, employment, and health, among others since COVID-19 upturned the national economy. - 61 percent of households …
COVID-19: More Than 250 Workers Laid Off At Bridgeport Distribution Site COVID-19: More Than 250 Workers Laid Off At Bridgeport Distribution Site
Covid-19: More Than 250 Workers Laid Off At Bridgeport Distribution Site alphabroder Prime in Bridgeport is laying off 255 employees from its warehouse. At alphaborder Prime most of the layoffs will be for machine operators (94) and packers (54). The employees are not represented by a union. The company is a clothing distributor and is not affiliated with Amazon Prime. In a letter to the state’s Rapid Response Unit, Alphaborder Prime HR Director Marilyn Caraballo said the company at 1100 Boston Ave., has been terminating employees since March and placed 152 employees on temporary furlough in April. Those people on furlough are likely not going to be asked to r…
Amazon To Lay Off More Than 50 Employees At CT Distribution Site Amazon To Lay Off More Than 50 Employees At CT Distribution Site
Amazon To Lay Off More Than 50 Employees At CT Distribution Site Layoffs are predicted now that Amazon has cut ties with Bristol distributor Systemized Logistics. Almost two years ago, Amazon opened a “delivery station” in Bristol’s 229 Technology Park. It was a sorting destination with an initial staff of 100 people. Estimates said the number of employees could grow to as many as 500, said Mayor Ellen Zoppo-Sassu. More than 50 people will be laid-off, the New Britain Herald reported. “We encourage those affected by the layoff to take advantage of the local branch of the American Jobs Center for reemployment assistance,” the mayor said. In a statement…
Men's Wearhouse, Jos. A. Bank To Close Up To 500 Stores Men's Wearhouse, Jos. A. Bank To Close Up To 500 Stores
Men's Wearhouse, Jos. A. Bank To Close Up To 500 Stores Men’s Wearhouse and Jos. A. Bank will close up to 500 stores and lay off 20 percent of its corporate workforce, the California-based company has announced.  Massachusetts and Connecticut combined have more than two dozen such stores. The company has not announced a timeline for closure. Although the company is yet to name which stores are subject to closure: Connecticut has Men’s Wearhouses and Jos A. Banks in over 12 communities including West Hartford, Danbury, Milford, Enfield, Meriden, Glastonbury, and Fairfield. In Massachusetts, shops for Men's Wearhouse and Jos. A. Bank can be…
COVID-19: Hartford County Hotels To Cut Hundreds Of Employee Jobs and Hours COVID-19: Hartford County Hotels To Cut Hundreds Of Employee Jobs and Hours
Covid-19: Hartford County Hotels To Cut Hundreds Of Employee Jobs and Hours Three major Hartford County hotels have announced plans to layoff or reduce the hours of nearly 450 employees due to economic fallout from the COVID-19 pandemic. The Hartford Marriott Downtown, the Hilton Hartford, and the Sheraton in Windsor Locks have put the Connecticut Department of Labor on notice about layoffs and reduced employee hours planned for this month. Many companies are required by Connecticut law to inform the state’s Dislocated Worker/Rapid Response Team prior to mass layoffs. It is unclear if the layoffs or cut hours will be permanent. In letters to the Rapid Response Tea…