[Source: Fox & Hounds] Californians will continue to pay some of the highest costs for electricity and fuel use as the State unexpectedly collides catastrophically with the global pandemic that will impact businesses and employment for an unpredictable economic future. The State’s much-touted $21 billion operating-budget surplus is likely to disappear entirely due to declining Read More…
Tag: coronavirus
Port of Oakland predicts major supply chain alterations post-pandemic
[Source: Port Technology] The Port of Oakland is expecting a substantial drop in cargo this spring as the COVID-19 pandemic leads to more blank sailings and continues to hinder growth. Speaking to Harbour Trucking Association via video conference Port of Oakland Business Development Manager Andrew Hwang said that cancellations are up 10% year-on-year (YoY). However, Read More…
Gears jammed again during relaunch of small-business relief program
[Source: Bloomberg Politics] The re-launch of a government relief program for small firms got off to a rocky start Monday, with lenders reporting being shut out of the U.S. Small Business Administration’s system amid a flood of applications for loans. The SBA said that “unprecedented demand” was slowing down its loan-processing platform and there were Read More…
Who should pay for pandemic impacts?
[Source: CALMatters / Dan Walters] The COVID-19 pandemic and the severe economic recession it induced are disasters unparalleled in recent generations and it will take years to fully recover from their human and financial tolls. Already, however, they are spawning legal and political conflicts, over whom, if anyone, should be accountable for their impacts. There Read More…
California to borrow federal money to cover soaring jobless claims
[Source: Los Angeles Times] California has been approved to borrow what is expected to be billions of dollars from the federal government to pay unemployment benefits to those left jobless by the coronavirus pandemic, raising concerns about the cost of repaying the debt. The state made the request as its reserves for paying unemployment benefits Read More…
Coronavirus prompts Gov. Gavin Newsom to suspend California’s plastic bag ban
[Source: Los Angeles Times] Gov. Gavin Newsom has suspended California’s ban on grocery stores providing single-use plastic bags amid concerns that clerks may be at risk for exposure to the coronavirus if shoppers are required to supply their own reusable bags to carry their purchases home. Newsom announced Thursday that he signed an executive order Read More…
There’s a growing possibility of a W-shaped economic recovery — and it’s scary
[Source: The Washington Post] There are growing concerns that any economic recovery later this year could prove short-lived because of a possible deadly resurgence of the novel coronavirus and a late spike in bankruptcies and defaults, a wicked combination that could cause households and businesses that barely survived the spring lockdown to go under later Read More…
Reminder: properly document FFCRA leave to claim tax credits
[Source: CalChamber] Employers are becoming familiar with the new Families First Coronavirus Response Act (FFCRA), which provides new COVID-19-related federal emergency paid sick leave and emergency family and medical leave. As employees start using the new leave, it’s important for employers to collect and maintain proper documentation, not only for their own records, but also Read More…
Avoid liability: on-call rules to know
[Source: CalChamber] In this episode of The Workplace podcast, CalChamber Executive Vice President and General Counsel Erika Frank and employment law expert Jennifer Shaw discuss the difference between “restricted” and “unrestricted” on-call shifts, and what issues may arise with the Paycheck Protection Program if employers place workers on on-call shifts. Restricted vs. Unrestricted As more Read More…