Partly Cloudy 36°
Tag:

Great Recession of 2008

Business
COVID-19: Here's Why Fast Food Restaurants Hiked Up Menu Prices During The Pandemic COVID-19: Here's Why Fast Food Restaurants Hiked Up Menu Prices During The Pandemic
Covid-19: Here's Why Fast Food Restaurants Hiked Up Menu Prices During The Pandemic If it feels like fast food tacos, fried chicken sandwiches, and burgers are taking a bigger bite out of your wallet than just a few months ago - you are not alone. Across the nation, fast food prices have gone up significantly during the COVID-19 pandemic, Restaurant Business reported. In fact, quickie restaurants haven't jacked up their prices like this since the Great Recession of 2008, according to Eat This, Not That. Citing government data, a Restaurant Business analysis found that prices at limited-service restaurants went up by 6.2 percent year-over-year. Meanwhile, traditional resta…

SHARE

by Kristin Palpini
Lifestyle
What Happened To The COVID-19 Quarantine Baby Boom? What Happened To The COVID-19 Quarantine Baby Boom?
What Happened To The Covid-19 Quarantine Baby Boom? When the COVID-19 pandemic hit and people were forced to stay home to reduce the virus’ spread, many people predicted a quarantine-inspired baby boom. Instead, we’re seeing a baby bust. According to states that track their birth rates in realtime, reported a decline in births from December 2020 compared to December 2019. In Florida, the birth rate is down 8 percent, while it’s down 7 percent in Ohio, according to NECN. With 9 months to gestate, babies conceived after the mid-March economic lockdown would start being born in December. Research by Philip Cohen at the University of Maryla…

SHARE

by Kristin Palpini
Business
$300 More Per Worker: MA Increasing Employer Contributions To Unemployment Fund $300 More Per Worker: MA Increasing Employer Contributions To Unemployment Fund
$300 More Per Worker: MA Increasing Employer Contributions To Unemployment Fund Massachusetts employees are going to cost business owners another $300 each come April. In an effort to restore the state’s Unemployment Insurance Trust Fund amid COVID-19’s drain on the economy, a tax increase of about $300 per employee is set to start in April, according to the Boston Business Journal. The trust fund is facing a multibillion-dollar deficit due to a wave of unemployment brought on by the pandemic. Money is also dwindling because contributions were decreased during the Great Recession of 2008 to help small businesses stay afloat. The new assessment - which will cost employ…

SHARE

by Kristin Palpini