Tag: response

Business & Workers | Washington State Coronavirus Response

Questions about returning to work?

There is important information to know about unemployment as our economy beings to re-open. The state Employment Security Department has developed frequently asked questions about returning to work for employers and workers.

Safe Start plans and guidance for reopening

Visit our Safe Start page for more information about the governor’s phased reopening plan. That page also includes industry-specific guidance for safe reopening.

Business Response Center

Business owners and operators who have questions about financial assistance, return to work and other general inquiries can use our General Business and Return to Work Inquiry form to ask our Business Response Center team for answers. First, visit the frequently asked questions for businesses page to see if your question or concern is already addressed. If you’re unable to find an answer, please submit your question through our form.

How to file for unemployment benefits

Economic Recovery and Resiliency

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Businesses and employers – Coronavirus COVID-19 Response

The U.S. SBA offers the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan and Advance (EIDL and EIDL Advance).

More about Paycheck Protection Program (PPP):

The SBA has resumed accepting PPP loan applications from approved lenders. The PPP is a loan program for small businesses, self-employed, independent contractors, nonprofits with a maximum of 500 employees, and it is intended to keep workers paid and employed. The loan amount is calculated based on payroll expenses with a maximum amount of $10 million at a rate of 1% for up to 2 years. The loan is forgivable if 75% of the loan amount is used for payroll, and no employees are laid off, or if laid-off employees are rehired before June 30, 2020. In addition to payroll costs, allowable expenses include mortgage interest, rent, and utilities. Submit your application as soon as possible, even if you need to rehire

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S&P affirms UK credit rating, cites govt’s coronavirus response | Money

S&P kept the rating at ‘AA', one down from a top-notch score, with a stable outlook. — Reuters pic
S&P kept the rating at ‘AA’, one down from a top-notch score, with a stable outlook. — Reuters pic

LONDON, April 25 ― Ratings agency Standard & Poor’s left Britain’s credit rating unchanged yesterday, citing a swift response from authorities in limiting the economic impact of the coronavirus outbreak.

S&P kept the rating at “AA”, one down from a top-notch score, with a stable outlook. Britain had lost its “AAA” rating shortly after the 2016 Brexit vote.

S&P’s decision contrasted with last month’s downgrade by rival Fitch, which cited an expected surge in debt as the government ramps up spending to offset the near shutdown of the economy. “With their swift and coordinated response to limit the economic impact of Covid-19, the UK government and the (Bank of England) have demonstrated sizable fiscal and monetary flexibility,” S&P said in a statement.

While acknowledging that Britain’s fiscal deficit was likely to

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Coronavirus: Amazon, Microsoft each donate $1 million to response

  • Amazon and Microsoft are each donating $1 million to a fund for Seattle-area rapid response to the coronavirus outbreak.
  • The COVID-19 Response Fund will dole out one-time grants to local nonprofits working with “disproportionately affected communities” that will be the most economically impacted by the coronavirus outbreak.
  • Both Amazon and Microsoft are based in Washington, where 19 people have died and nearly 150 have tested positive for coronavirus.
  • Visit Business Insider’s homepage for more stories.

Microsoft and Amazon, two major Seattle-based tech companies, are giving $1 million each to a fund designed to mitigate the economic loss felt in the local area in light of the coronavirus outbreak.

The COVID-19 Response Fund launched Monday with more than $2.5 million in donations, which will go to one-time grants doled out to local community organizations. The response fund is not designed to fund medical response and health measures: Instead, funds are intended

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