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Erica Groshen, expert is labor statistics, says that Thursday’s data foreshadows the largest one-month increase in unemployment to date.

Economics and Business

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The coronavirus pandemic is putting significant pressure on some retailers to expand their workforce and adapt to growing demands for essential goods, such as pharmacy products, food, and take out dining. Companies like Walmart, CVS and Amazon, have all announced plans to hire tens, sometimes hundreds of thousands of new employees. Patricia Campos-Medina, is co-director of the New York State/AFL-CIO Union Leadership Institute at Cornell University’s ILR School. She says that at this critical time, we need to demand more than just an increase in jobs.

Industrial and Labor Relations

Economics and Business

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Larry Glickman, professor of history at Cornell University, says the sudden interest in direct payments as part of a coronavirus economic relief package signals a shift from conservative to liberal ideas.

Law and Policy

Economics and Business

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Aija Leiponen, an expert in the telecommunication industry, comments on American's response to the spread of COVID-19 and what it means for digital tech.

Economics and Business

Business, Economics & Entrepreneurship

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The coronavirus outbreak is putting many industries at risk. Among them, the tourism industry seems to be one of the worst affected in the short term. Christopher Anderson, professor of business at Cornell University’s Hotel School, breaks down the likely repercussions to air, cruise and lodging industries.  

Economics and Business

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Economic disruption caused by the spread of the coronavirus could impact work in numerous ways – from loss of wages suffered by low-wage workers, to reconfiguration of global job location. Alex Colvin, dean of Cornell University’s ILR School, can speak about the impact of the coronavirus on workers and organizations in the global economy.  

Economics and Business

Industrial and Labor Relations

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As the U.S. braces for a likely rise in coronavirus cases this week, experts warn that access to health resources and equipment will play a crucial role. Dana Radcliffe, senior lecturer in business ethics at Cornell University SC Johnson College of Business, and Elena Belavina, associate professor of applied economics at Cornell University SC Johnson College of Business, comment on what's in store for sought-after items, in grocery stores and beyond. 

Cornell SC Johnson College of Business

Economics and Business

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Leisure cruises have found themselves in the middle of the coronavirus outbreak. Robert Kwortnik, associate professor at Cornell University’s Hotel School, studies tourism and hospitality with a focus on the leisure cruise industry. He says that the industry is already feeling the economic impacts from the coronavirus crisis and adds that 2020 may be the most difficult year for leisure cruises in decades.

Economics and Business

Cornell SC Johnson College of Business

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Drew Pascarella, senior lecturer of finance at the Cornell University SC Johnson College of Business, comments on Morgan Stanley's announcement that it was buying E-Trade, an online brokerage with 5.2 million client accounts and over $360 billion in client assets. 

Economics and Business

Cornell SC Johnson College of Business

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Dairy Farmers of America has agreed to buy assets from Dean Foods, which filed for Chapter 11 bankruptcy in November. While the plan represents a major step for the stabilization of a large component of the U.S. milk processing sector, Cornell University agricultural economist Andrew Novakovic says there are hurdles to overcome before this proposal would become a reality.

Food & Agriculture

Economics and Business

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