unemployment
Read more about the article State data gives early warning of layoffs from larger companies, but lost jobs from small businesses go uncounted

State data gives early warning of layoffs from larger companies, but lost jobs from small businesses go uncounted

A few months ago, Everyday Kitchen on Neil Street in Champaign suddenly announced its closing after over four years in business. But if one…

Continue ReadingState data gives early warning of layoffs from larger companies, but lost jobs from small businesses go uncounted
Read more about the article As national labor shortage drags on, local businesses and workers suffer consequences of the “Great Resignation”Taylor Ramirez
19-year-old Kaitlyn Lassy is wrapping silverware during her night shift as a waitress on Friday, February 11, 2022 at 4 AM at Merry Ann's, a 24-hour diner in Champaign, Ill. to help prepare her coworkers for their 6 AM shift.

As national labor shortage drags on, local businesses and workers suffer consequences of the “Great Resignation”

Running a business is never easy, but it’s gotten a lot harder during what’s been dubbed the “Great Resignation” – the nationwide pandemic-induced labor shortage. Locally, many business owners aren’t sure that they’ll ever be able to bounce back. 

Continue ReadingAs national labor shortage drags on, local businesses and workers suffer consequences of the “Great Resignation”
Read more about the article Restaurants, religious organizations among top local industries that received PPP loans
Source: U.S. Farm Credit Administration

Restaurants, religious organizations among top local industries that received PPP loans

The Small Business Administration released more data about businesses who received Paycheck Protection Program loans under $150,000. Previously, the SBA did not release business names for businesses that received loans under $150,000.

Continue ReadingRestaurants, religious organizations among top local industries that received PPP loans