Here Comes GDP, and It’s Going to Be Ugly

The government is set to release the first estimate of second quarter GDP and it’s going to be a doozy.

May Jobs Report Shocker

In a startling reversal, the Labor Department reported that the U.S. economy ADDED 2.5 million jobs in May, versus the 8 million drop in payrolls that was expected.

Coronavirus: Financial Priorities

Mark TalercioMay 20, 2020Jill Schlesinger, Jill on Money, coronavirus, retire, retirement, retirement planning, unemployed, unemployment

Coronavirus: Future of Work Part Two

Mark TalercioMay 17, 2020Jill Schlesinger, Jill on Money, corona, coronavirus, recession, economy, jobless claims, unemployed, LinkedIn, work from home

Powell to Congress: Just Do It!

Analysts have replaced the hopes/predictions of a quick turnaround with a new image: the Nike Swoosh recovery, where the economy crawls out of the cataclysmic hole and takes two or three years to return to where it was prior to the outbreak.

Coronavirus: Laid Off, Now What?

Mark TalercioMay 5, 2020Jill Schlesinger, Jill on Money, corona, coronavirus, retire, retirement, retirement planning, jobless claims, unemployed, unemployment benefits

Five Weeks of Job Losses Erases 11 Years of Gains

Another 4.4 million Americans filed for unemployment benefits in the week ending April 18th, putting the five-week tally at 26 million. To put that astounding number into perspective, it has taken just five weeks to sideline the same number of workers as jobs created since 2009.

Coronavirus: Need Unemployment Help

Mark TalercioApril 21, 2020Jill Schlesinger, Jill on Money, corona, coronavirus, jobless claims, unemployed, unemployment benefits, retire, retirement, retirement planning

The Great Lockdown Economy

The International Monetary Fund (IMF) has labeled the pandemic-induced global recession as “The Great Lockdown” and predicted that it would be the worst downturn since the Great Depression, much deeper than the 2008-09 financial crisis.

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