More than a year and a half into the COVID-19 pandemic, one of the most noteworthy economic stories has been what economic commentators have termed “The Great Resignation.” Recent data from the U.S. Bureau of Labor Statistics found that 4.3 million Americans quit their jobs in August 2021, representing approximately 2.9% of the total workforce.
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The COVID-19 pandemic has dramatically reshaped the U.S. labor market in many ways. Many low-wage jobs in fields like retail and hospitality were lost early in the pandemic and have not come back, while throughout the pandemic, there has been strong demand for health workers in response to the pandemic and technology specialists who can
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Between the COVID-19 pandemic, more intense hurricanes, and ongoing wildfires impacting the western U.S., first responders are being challenged more than ever. While first responders are on the front lines during emergencies and face more danger than most people do in their occupations, they don’t earn much more. According to data from the Bureau of
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Pent-up demand from the pandemic, low interest rates, and a shortage of properties have created a booming housing market with near record levels of refinance activity. While typical home values have increased by 15% from a year ago, the housing market is expected to stay hot in many cities through the end of the year
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The expiration of the CDC’s national eviction moratorium on July 31 brought new attention to how the pandemic has put pressure on the housing market. With the expiration of the moratorium, millions of renters now face the possibility of eviction from overdue rent payments, after being protected from displacement for more than a year due
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Commercial tow truck insurance protects businesses that generate income by transporting disabled vehicles. This guide will cover all the information that towing business owners and contractors should know when buying tow truck insurance, including what the insurance covers, how policies are structured, towing insurance rates, and how to compare insurance providers. Before getting into the
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Product liability insurance is insurance that provides coverage for businesses that manufacture or sell physical products in the event a product causes harm (like injuries or property damage) to an individual or another business. This guide will cover all of the information business owners need to know when buying product liability insurance. This guide will
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When starting a small business, it can be difficult to know what insurance coverage is necessary to protect your company from the costs associated with legal liability, theft, property damage, and other unforeseen disasters. Depending on the industry, size, and location of a business, different types of insurance coverage may be necessary to ensure financial
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If you are in a situation in which family members, such as children or a spouse, depend on you for financial support, you may wish to purchase a life insurance policy. This guide will cover all of the basics of life insurance including the types of coverage, costs, how it works, and reviews of the
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