Category: business closures

Business Closures in China Make Finding a Job Difficult for New College Grads

Employment prospects are dim for China’s college graduates amid an economic slowdown. While the number of graduates entering the job market has significantly increased, small- and medium-sized enterprises—the primary employers of new graduates—have suffered mass closures due to the Chinese Communist Party’s (CCP) three-year “zero-COVID” policy. Consequently, graduates are under unprecedented pressure to find work….


US Economy Loses $12 Trillion to COVID Lockdowns, Mandatory Business Closures Cited as Top Reason

U.S. GDP fell during the pandemic due to COVID-19 lockdowns and resulted in trillions of dollars in losses in these past years, a consequence mainly driven by mandatory business closure policies, according to a study by researchers from the University of Southern California (USC). By the end of 2022, the pandemic had cut $12.2 trillion…


Coronavirus Two-Year Anniversary in Southern California; IN PHOTOS

Photo selects spanning across Southern California’s journey through the coronavirus pandemic marking the two-year anniversary of COVID-19. (John Fredricks/The Epoch Times)


‘My Income Has Dropped to Zero’: About 45% of Small Businesses Risk Closure Within Months

At least 13.9 million of the nation’s small businesses are at serious risk of shuttering their doors by April 1, a recent industry report found. Forty-four percent of the country’s 31.7 million small businesses are at risk of closing by the end of the first quarter, according to small business group Alignable. Small businesses on…


‘My Income Has Dropped to Zero’: About 45 Percent of Small Businesses Risk Closure Within Months

At least 13.9 million of the nation’s small businesses are at serious risk of shuttering their doors by April 1, a recent industry report found. Forty-four percent of the country’s 31.7 million small businesses are at risk of closing by the end of the first quarter, according to small business group Alignable. Small businesses on…


Renewed Lockdown Measures Slow Economic Momentum

WASHINGTON—The economy’s momentum has reversed in recent weeks with spikes in coronavirus cases that forced a series of renewed stay-at-home orders and business closures. While some states like California, New York, and Michigan have begun to ease restrictions, economists are still pessimistic over the near-term outlook. It will be months before vaccines are widespread enough to…


The Nation Speaks (Jan. 16): How to Stay Positive When the News Cycle is Negative; Fighting Lockdown Measures

In this episode, psychotherapist Dr. Robi Ludwig gives advice on how to take care of your mental health when the news cycle is negative. Then, Lisa Monet, co-owner of Alibi Drinkery, and Darius Teichroew, co-founder of Reopen Minnesota Coalition, tell us how they’re fighting lockdown measures in their state. And a former Arizona Sheriff is…


The Nation Speaks (Jan. 16): Alan Dershowitz on the Perils of Impeachment; Fighting Lockdown Measures; How to Stay Positive When the News Cycle is Negative

In this episode, we talk to Alan Dershowitz, Harvard Law School professor emeritus and constitutional law expert, about the dangers of using impeachment as a political tool and the future of free speech in America. Then, Lisa Monet, co-owner of Alibi Drinkery, and Darius Teichroew, co-founder of Reopen Minnesota Coalition, tell us how they’re fighting…