Yale School of Management

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From the Associate Director of Admissions: A Timeline for Applying This Year

By: Emily Whitehouse June 15, 2020

While we are still a few months away from the start of the inaugural year of the Master’s Degree in Asset Management program, I know that many prospective applicants are beginning to think about the upcoming application cycle. The summer is an ideal time to begin considering the next step in...

Continue reading “From the Associate Director of Admissions: A Timeline for Applying This Year”

Unemployment Insurance and Short-Time Compensation in the US and abroad

June 11, 2020

To address the COVID-19 pandemic, governments around the world recently placed restrictions on business activities, in many cases ordering non-essential businesses to close and workers to stay at home. In many countries this led to a rapid decline in labor demand. In the US the Bureau of Labor Statistics (BLS) reported the highest unemployment rate since the Great Depression in April with a national rate of 14.7, an 11 percentage point increase from the historical low of 3.5 percent reported two months before. Nevada reported the highest rate in the country at 28.2 percent, up from 6.3 percent in March, while the lowest rate was reported in Connecticut at 7.9 percent, still more than a twofold increase from 3.7 percent reported in March. In May, the labor market began to show the first signs of recovery as  some states reopened their economies; the unemployment rate dropped to 13.3 percent.

Continue reading “Unemployment Insurance and Short-Time Compensation in the US and abroad”

Federal Reserve Amends Main Street Lending Program

June 10, 2020

On June 8, the Federal Reserve announced significant changes to the Main Street Lending Program, a new facility designed to support lending to small and medium-sized businesses. The changes include decreasing the minimum loan amount for some loans, increasing the maximum loan amount, amending the loan repayment schedule, and extending the loan term. 

Continue reading “Federal Reserve Amends Main Street Lending Program ”

From the Associate Director of Admissions: A Timeline for Applying This Year

By: Emily Whitehouse June 15, 2020

While we are still a few months away from the start of the inaugural year of the Master’s Degree in Asset Management program, I know that many prospective applicants are beginning to think about the upcoming application cycle. The summer is an ideal time to begin considering the next step in...

Continue reading “From the Associate Director of Admissions: A Timeline for Applying This Year”

Unemployment Insurance and Short-Time Compensation in the US and abroad

June 11, 2020

To address the COVID-19 pandemic, governments around the world recently placed restrictions on business activities, in many cases ordering non-essential businesses to close and workers to stay at home. In many countries this led to a rapid decline in labor demand. In the US the Bureau of Labor Statistics (BLS) reported the highest unemployment rate since the Great Depression in April with a national rate of 14.7, an 11 percentage point increase from the historical low of 3.5 percent reported two months before. Nevada reported the highest rate in the country at 28.2 percent, up from 6.3 percent in March, while the lowest rate was reported in Connecticut at 7.9 percent, still more than a twofold increase from 3.7 percent reported in March. In May, the labor market began to show the first signs of recovery as  some states reopened their economies; the unemployment rate dropped to 13.3 percent.

Continue reading “Unemployment Insurance and Short-Time Compensation in the US and abroad”

Federal Reserve Amends Main Street Lending Program

June 10, 2020

On June 8, the Federal Reserve announced significant changes to the Main Street Lending Program, a new facility designed to support lending to small and medium-sized businesses. The changes include decreasing the minimum loan amount for some loans, increasing the maximum loan amount, amending the loan repayment schedule, and extending the loan term. 

Continue reading “Federal Reserve Amends Main Street Lending Program ”