TechLife News

FOR PANDEMIC JOBLESS, THE ONLY REAL CERTAINTY IS UNCERTAINTY

For three decades, Kelly Flint flourished as a corporate travel agent, sending everyone from business titans to oil riggers around the planet. Then came the worst pandemic in a century, leaving her jobless and marooned in an uncertain economy.

Furloughed since March, Flint has dipped into her retirement account to pay her bills, frustrated that her $600 weekly emergency federal aid payments have expired. She yearns, too, for an end to the twin disasters that now dominate her life: recession and pandemic.

“I don’t deal well with the unknowns,” she says. “I never have.” Across America are legions of Kelly Flints, women and men who don’t know when they’ll receive another paycheck — or if.

The coronavirus outbreak and resulting economic upheaval have thrown millions of lives into disarray. Industries have collapsed, businesses closed, jobs disappeared. Compounding the misery is a question no one can answer: When will this all be over?

In recent congressional testimony, Federal Reserve Chairman Jerome Powell repeated his earlier warning: The strength of any recovery will rely on the nation’s ability to contain the virus. The outlook for the U.S. economy, he said, is “extraordinarily uncertain.”

Uncertain. If 2020 had to be condensed into a single word — and there are many, many words to describe it — uncertainty would hover at the top of the list. Uncertainty about health. About the future. About the country itself.

And uncertainty about livelihoods and jobs and economic security in a historical moment where each day

Vous lisez un aperçu, inscrivez-vous pour en lire plus.

Plus de TechLife News

TechLife News4 min de lecture
Secretive, Never Profitable Palantir Makes Its Market Debut
Seventeen years after it was born with the help of CIA seed money, the data-mining outfit Palantir Technologies is finally going public in the biggest Wall Street tech offering since last year’s debut of Slack and Uber. Never profitable and dogged by
TechLife News4 min de lecture
Q&A: HOW TO HANDLE TECHNOLOGY ISSUES WITH ONLINE SCHOOL
Across the U.S., the pandemic has forced students to attend virtual school to prevent spread of the coronavirus. But the more we rely on technology, the bigger the consequences when gadgets or internet service let us down. Technology being technology
TechLife News3 min de lecture
FAA Chief Tests Changes To Boeing’s Grounded 737 Max
The head of the Federal Aviation Administration, a former military and airline pilot, said Wednesday that he liked what he saw during a two-hour test flight of Boeing’s revamped 737 Max jetliner, a key step as the agency considers whether to let the