COVID-19 Response, Brexit Spark Violence in Northern Ireland
Once again, simmering tensions have boiled over in Belfast, Northern Ireland, this time in response to COVID-19 and Brexit.
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2021
U.S. Economy Makes Progress Amid COVID-19 Pandemic, Adding 916,000 Jobs in March
In response to COVID-19, the United States had to implement measures to slow the spread of the virus such as social distancing and a partial economic shutdown, actions which have had a major impact on the U.S. economy, including people’s livelihoods and jobs. The immediate effects that the pandemic has had on the U.S. labor market have been evident in both the unemployment rate and payroll employment numbers. In the early months of the pandemic, the unemployment rate soared, peaking at 14.7% in April 2020, the highest point since the Great Depression. More than 20 million jobs were lost in April as well, which was a record number of jobs lost in a period of one month.
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Companies are Getting Creative with Hiring Processes as the Pandemic Continues to Impact Various Industries
The COVID-19 pandemic has impacted several different companies and industries in various ways. Some industries boomed throughout the year, and some are still struggling to maintain themselves. However, the effect of the pandemic on each company and industry has also had a unique effect on the recruitment of each sector.
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President Biden Proposes Raising the Corporate Tax Rate to 28%
To fund his $2 trillion infrastructure plan, President Joe Biden has proposed to raise the corporate tax to 28%. According to the New York Times, corporations will be required to pay fifteen years of taxes at the 28% rate. This is an increase from President Trump’s previous tax cuts, which decreased the corporate tax from 35% to 21%. Not all companies will be taxed the same amount, however.
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Hybrid and Electric Vehicles in 2020-21
Hybrid and electric vehicles hit a stumbling block as 2020 brought annual growth of the industry below zero to -4%. In a year defined by the pandemic and economic shutdowns, it is no surprise that a rapidly growing industry would falter.
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1 Billion Streaming Accounts
If the pandemic was good for one thing it was catching up and binging on all that content you previously put off. By the end of 2020, streaming subscriptions rose to about 1.1 billion, according to the Motion Picture Association on Thursday.
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Vaccine Advocacy: Helpful or Harmful?
In the latest pivot during the COVID-19 pandemic, companies have been testing the waters when it comes to advertising and marketing efforts that encourage consumers to get the COVID-19 vaccine.
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The Market of Zen
Mindfulness apps like Headspace and Calm have come to fruition during the hard months of the pandemic. Headspace has expanded from the personal experience of its founder to now partnering with big brands such as Nike and Hinge on specifically curated meditations.
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The Texas Rangers are scheduled to reopen stadium at full capacity despite COVID-19 case numbers
The Texas Rangers are scheduled to take bold action for their home opener Monday that has some medical specialists and President Joe Biden concerned and questioning the rationality of the decision.
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White House Started a Discussion About Canceling Some Student Debt
Following quite a while of insistence from President Joe Biden that he won’t seek after the wide-scale cancelation of the student loans, the White House authorities are presently considering ways the president could utilize his power as president to cancel some of the student debt.
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