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As Small Businesses Slowly Recover, Financial Help Becomes More Targeted. Here's What's Available


It was terrifying, said the 44-year-old Parks, who had been in business for only six months before the crisis hit.
She took advantage of as many programs as she could state funding, and Economic Injury Disaster Loan and the Paycheck Protection Program. Yet it wasn t enough to cover all of her overhead costs, including rent, insurance and utilities.
In April, she slowly started to reopen: one night a week and at a very small capacity making enough to pay for the staff, musicians and inventory for the evening.
Lucius Pham
xBk, a performance theater in Des Moines, Iowa was closed for more than a year during the pandemic. ....

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Fears over post-pandemic job shortage likely overstated, but complicate Biden's relief deals


Fears over post-pandemic job shortage likely overstated, but complicate Biden s relief deals
In just numbers, there are not enough job openings to go around right now period,” said the Economic Policy Institute’s Heidi Shierholz, former DOL chief economist.
People wait in line for help with unemployment benefits at the One-Stop Career Center in Las Vegas. | John Locher/AP Photo
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Businesses and the White House in recent weeks have warned that they are combating a labor shortage despite the millions laid off due to the coronavirus pandemic, creating potential political friction for President Joe Biden as he pushes Congress to advance his trillion-dollar spending proposals to gas up the economy. ....

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