Economy

The impact of COVID-19 on the workforce and business has only reinforced the importance of leave policies and the value of protection offered through disability insurance.

Our second monthly survey found a smooth transition to remote work and digital customer access channels — but technology issues still arose. The pandemic has highlighted the importance of having a strong digital presence across all retail sectors, including financial services.

The pandemic has caused widespread economic pain that is hitting small businesses hard.

The stress caused by high bills and medical debt can increase employees’ risk of a range of physical and mental health problems.

Microsoft so far has thrived during the Covid-19 pandemic because of its focus on cloud offerings, like Office productivity tools, Azure services and subscription programs that are less vulnerable to spending slumps.

The biggest firms have seen smaller stock market declines, on average, than smaller ones have.

The International Labour Organization expects 195 million full-time job losses globally, and forecasts a “significant rise” in underemployment.

The five-week total for unemployment claims reached 26.5 million in the steepest downturn for the U.S. labor market since the Great Depression.

25 million Americans do not have high-speed internet access, and as many as 14 million have no internet access at all.

The National Alliance of Healthcare Purchaser Coalitions says the COVID-19 pandemic highlights the need for employers to fight social disparities.