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Survey: US companies cut back sharply on hiring in July
U.S. businesses sharply reduced hiring last month suggesting that the resurgent viral outbreak this summer slowed the economic recovery as many states closed parts of their economies again and consumers remained cautious about spending. U.S. firms added just 167,000 jobs in July, payroll processor ADP said Wednesday, far below June's gain of 4.3 million and May's increase of 3.3 million. July's limited hiring means the economy still has 13 million fewer jobs than it did in February, according to ADP, before the viral outbreak intensified. Hiring collapsed among companies of all sizes and in nearly all industries. A category that mostly includes restaurants, bars and hotels added just 38,000 jobs last month, after gaining more than 3 million in May and June.
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Q&A: The nuts and bolts of the Paycheck Protection Program
(AP Photo/Nam Y. Huh, File)NEW YORK Small businesses can still get help from the governments coronavirus relief plan after Congress extended the Paycheck Protection Program until Aug. 8. The program that was set to expire Tuesday still has nearly $132 billion left after giving out more than 4.8 million loans since it began April 3. On Monday, the Small Business Administration, which oversees the program, disclosed the names of companies that received loans of more than $150,000. The program aims to motivate small businesses to retain their employees or, if they have laid them off, get them back to work. The SBA approved more than 4.8 million loans in less than three months, far more than the 58,000 it approved in 2019.
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Orange County to hand out PPE to small businesses
Orange County to hand out PPE to small businessesPublished: May 10, 2020, 7:00 pmOrange County is preparing to hand out one million masks and 200,000 bottles of hand sanitizer to small businesses in an effort to help them reopen amid the coronavirus pandemic.
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News 6 directory shows which Central Florida businesses are open amid coronavirus pandemic
ORLANDO, Fla. โ In an effort to provide details on essential businesses during the coronavirus pandemic, News 6 is compiling a list of what companies remain open and ready to help the community. Nearly a dozen categories of essential businesses are listed on clickorlando.com/directory. The Central Florida COVID-19 resource list is a place for businesses to communicate changes in business hours, services offered and share contact information. Stanley Steemer of Central Florida is one of the companies that has remained open. โWhat makes Stanley Steemer essential is No.