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COVID-19 and labor markets

Via Brookings.edu According to two papers discussed at the Brookings Paper on Economic Activity (BPEA) conference in June, the US job market is recovering, albeit slowly. Businesses are re-opening, but with fewer employees than before the pandemic. One of the papers...

Successfully Returning to the Workplace Post-COVID

Via Area Development With the easing of restrictions surrounding the Covid-19 outbreak, organizations are starting to bring employees back into the workplace. A successful re-entry program will ensure the safety of company personnel and the public and avoid actions...

EDGE Board Approves FY2021 Budget

Memphis, Tenn. (June 17, 2020) – The EDGE Board today approved its FY2021 operating budget, representing a $153,000 increase over last year. This year’s budget includes additional funds outlined in Programs and Projects including $250,000 for the NEED Grant...

IRS Extends Opportunity Zone Deadlines

Via The National Law Review. In response to the COVID-19 pandemic, IRS Notice 2020-39 extends several deadlines relating to the opportunity zone program and provides welcome relief for investors and qualified opportunity funds (QOFs). In December 2017, Congress...

COVID-19 Likely to Result in Increased Entrepreneurship Rates

Via Main Street America Despite the more than 40 million unemployment filings and anticipated millions of small business closures that will result due to COVID-19, previous economic downturns suggest that there may soon be ripe opportunities for business start-up...