Small business layoffs jump 1,000% in March

with economists forecasting unemployment at as much as 15% or more.

Overall, small businesses employ roughly 59 million people in the U.S., according to the Small Business Administration. However, few have much in the way of a financial cushion in case of emergency. Now, half of all small businesses said they will not be able operate beyond three months without relief aid, according to a recent survey by"There is a lot of stimulus out there already," said Tomer London, Gusto's co-founder. "The key is to get those dollars in the hands of small businesses."

Gusto's data is based on a survey of their own customers, which are primarily small businesses with 100 employees or less. Typically, Gusto handles the bulk of what a human resources department would do — from payroll to benefits administration. Now they are also providing clients with the additional payroll information they need to supply to lenders in order to qualify for the

Bullish.

Meanwhile the Dems are blocking a small business cash injection. Smart.

1000% !!!

Dow will hit another 5 percent on monday

Oh really..? I though that we had the best stock market weeks of the last few decades. fakemarkets

But the stock market.🤑🛩🚤🏰

This is ridiculous! Maybe in a country where there is public healthcare and universal income they can afford to shutdown over a hypothetical curve. We have private health and we live paycheck to paycheck.

Mr. Trump is the current captain our our ship. He is responsible for being unprepared whether he knows it or not. Blaming other is weakness.

DontBailOutWallStreet

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Mnuchin seeks $250 billion more in small business aid, as Senate vote is planned for Thursday“I want to assure all small businesses out there: We will not run out of money,” Treasury Sec. Mnuchin says, after announcing yesterday he is seeking an additional $250 billion in small business aid. Yeah because they will print to infinity. They aren't even restricted by needing paper to print on since it's all digital printing and digital inflation. They are doing what they can under a tight timeline, and that’s a good thing. We need to keep the pressure on though, because there is much more to be done. And at the same time - it is very necessary to keep a watchful eye on how these big corporations allocate relief funds. Mnunchin by far has been President Trumps best and most reliable cabinet member
Source: CNBC - 🏆 12. / 72 Read more »