Tag:

Unemployment

Yankee Candle To Close South Deerfield Plant, Scatter Remaining Workforce: CEO Yankee Candle To Close South Deerfield Plant, Scatter Remaining Workforce: CEO
Yankee Candle To Close South Deerfield Plant, Scatter Remaining Workforce: CEO The CEO of Yankee Candle's parent company announced on Tuesday, Jan. 24, that the company would close its corporate office in South Deerfield as part of a corporate restructuring that would see 13 percent of Newell's workers on the unemployment line.  Newell Brands CEO Ravi Saligram announced several moves and shake-ups at the massive company going forward in a statement on its website. The company said it would also close its Boca Raton offices as well.  Employees at the South Deerfield facility who will stay with Yankee Candle will be moved to existing spaces locally, Salig…
Throwback Diner In New Milford Closes Suddenly: Report Throwback Diner In New Milford Closes Suddenly: Report
Throwback Diner In New Milford Closes Suddenly: Report DinerLuxe, a well-known eatery in Litchfield County, shuttered its doors earlier this month with little warning to the community or its staff, i95rock.com reported.   The restaurant, which hailed itself as "An American Classic," opened in 2014 in New Milford at 108 Danbury Road as a throwback to the 1950s diner. Owners posted no notice about the closure on any of their social media sites, and most residents heard about the closure through a Facebook post, the outlet reported.  View this post on Instagram A post shared by Dinerluxe (@dinerluxe…
Viral TikTok Shows Mass Barista With Down Syndrome Getting First Paycheck Viral TikTok Shows Mass Barista With Down Syndrome Getting First Paycheck
Viral TikTok Shows Mass Barista With Down Syndrome Getting First Paycheck Everyone remembers the feeling of getting paid for the first time. The rush that hits when you get handed that slip of paper is unlike any other feeling.  Well, one barista at a coffee shop in Massachusetts has gone viral on TikTok for his unforgettable reaction to his first ever paycheck.  Joe Sullivan works at the Bitty & Beau's Coffee in Melrose. The chain, which has locations across the country, employs people with intellectual and developmental disabilities.  Bitty & Beau's was founded by husband and wife Amy and Ben Wright whose children, for which the chain is named after, …
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…
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: Layoffs Soar As Companies Brace For Years Of Disruption Due To Pandemic COVID-19: Layoffs Soar As Companies Brace For Years Of Disruption Due To Pandemic
Covid-19: Layoffs Soar As Companies Brace For Years Of Disruption Due To Pandemic The COVID-19 pandemic has forced tens of thousands out of work, some of whom will have no job to return to once the virus has run its course in this country. Numerous industries will be permanently changed by the virus after thousands were furloughed or laid off while companies made the necessary audibles to stay afloat during the pandemic. Some companies that vowed to return furloughed employees back to work have also announced that they will drastically be reducing their workforces in an effort to keep costs down to account for financial losses that were accrued due to the COVID-19 outbr…
MA Cities With Highest-In-Nation COVID-19 Unemployment Rates May Surprise You MA Cities With Highest-In-Nation COVID-19 Unemployment Rates May Surprise You
MA Cities With Highest-In-Nation Covid-19 Unemployment Rates May Surprise You Several Massachusetts cities are on a nationwide list of community economies that were hardest hit by COVID-19. 24/7 Wall Street has compiled a ranking of the 35 metro areas and cities that have suffered the most job losses due to the pandemic. Worcester, Boston, Springfield, and Pittsfield all made the list. Our neighboring states fared better. There are no communities from Connecticut, Vermont, or New Hampshire on the list. New York and Pennsylvania are, however, well represented. There are currently about 13.6 million Americans out of work now. The unemployment rate stood at 10.2 perc…
Worcester, Springfield Make List Of 30 U.S. Metros With Highest Unemployment Rates Worcester, Springfield Make List Of 30 U.S. Metros With Highest Unemployment Rates
Worcester, Springfield Make List Of 30 U.S. Metros With Highest Unemployment Rates Worcester, Springfield, and Pittsfield made the list of United States metropolitan areas with the highest unemployment since COVID-19 hit. The Worcester metropolitan region, which contains parts of Connecticut, just made the list. It was ranked 27th out of the 30 metros with the highest unemployment rates. (The higher the ranking, the lower the unemployment rate.) More than 15 percent of workers in the area are unemployed, according to a 24/7 WallStreet analysis. Since January, the region has shed over 55,000 jobs. The national unemployment rate is 11.1 percent. The Boston metro area ra…
COVID-19: Big Y Pricing Freeze Extended For Specific Food Items COVID-19: Big Y Pricing Freeze Extended For Specific Food Items
Covid-19: Big Y Pricing Freeze Extended For Specific Food Items Big Y Foods is extending its “pricing freeze” on specific foods - and adding more items to the list - as the fallout from COVID-19 continues to ravage the economy. There are now 15,000 food items under the Springfield-based Big Y Foods’ price freeze - this is up from 10,000 items when the freeze first went into effect in May. Food items subject to the price freeze include chicken, butter, grapes, peanut butter, breakfast cereal, cheese, strawberries, yogurt, orange juice, hotdogs, tomatoes, avocados, raspberries, deli salads, and frozen beef patties.  Big Y says it will maintain prici…