Unemployment insurance claims are setting new records nationwide and Oregon is no different. The U.S. Labor Department reported 6.6 million this week. In Oregon, nearly 93,000 people filed claims last week according to the Oregon Employment Department.
Oregon businesses and OBI members are helping nonprofits, small businesses and vulnerable Oregonians affected by the COVID-19 pandemic by giving more than $2.5 million and in-kind equipment. A large share is going to two statewide funds set up by the Oregon
The U.S. Congress and other federal leaders are developing programs to assist businesses and workers impacted by the economic impacts of the COVID-19 crisis. We are tracking those programs as they are developed. Here is a short list of what is now available or in the works.
Today the House passed the $2 trillion stimulus package, also known as the CARES Act, and President Trump signed it into law this afternoon. Here are some key points of the package that will help Oregon’s business community.