Small businesswomen trying to recover find 'ghost town' where crowds used to be - News Summed Up

Small businesswomen trying to recover find 'ghost town' where crowds used to be


More than 100,000 small businesses have not made it through the pandemic, according to the National Bureau of Economic Research -- and that number is climbing. The Economic Policy Institute estimates the spending generated by $600 in extra unemployment each week supports over 5 million jobs . Carlos Ponce joins other demonstrators in Miami-Dade counting calling for pandemic unemployment benefits to continue. In the second round the Small Business Administration set aside $10 billion to be lent exclusively by Community Development Financial Institutions. "I plan on applying, even though I know it was never truly intended for real small businesses like myself."


Source: CNN September 02, 2020 00:22 UTC



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