It’s still early to fully gauge what effects the coronavirus economic shutdown will have on the pension landscape, but the preliminary outlook for certain parts of the industry, particularly with defined-benefit plans, isn’t encouraging.
The combined region of Sacramento, Placer, El Dorado and Yolo counties lost 800 professional and business services jobs between February and March. Those job losses have affected local staffing agencies.
USI Insurance Services is tackling the fallout from the COVID-19 pandemic head-on as CEO Mike Sicard created STEER — Steer Through Epidemic and Economic Recovery — for clients. “We started publishing FAQs, pandemic checklists and claim-reporting guidelines the first week in March.
Though restaurants are among the businesses hit hardest by the coronavirus, local restaurateurs have pooled their resources to help seniors, low-income families and others access food.
As companies have transitioned en masse to remote operations due to the coronavirus, Brian Maletsky has had a front-row seat to some of their cybersecurity missteps. He spoke to Comstock’s about some of the unique security challenges businesses are facing during the pandemic.
During normal times, McClellan Park is busy with 18,000 employees working for the 220 businesses on campus, which has 9 million square feet of building space. But due to the coronavirus, only the warehouses and a few offices remain open.
Construction is one industry that has continued through shelter-in-place orders. Comstock’s spoke with Wendy Cohen, vice president of operations for the construction firm Kitchell, to learn how the industry has been impacted by the coronavirus and the role it can play in the recovery.
Gov. Gavin Newsom said that “some retail, manufacturing, and logistics businesses” would be allowed to reopen beginning May 8. Comstock’s spoke with Downtown Sacramento Partnership Executive Director Michael Ault about what a limited reopening might look like in the Sacramento region.
California’s essential workers will get new workers’ compensation protections under an executive order signed by Gov. Gavin Newsom — a move that could cost the state billions of dollars in claims from COVID-19-infected workers.
Many organizations and artists around the Capital Region, including dancers, musicians and comedians, are getting creative with technology to continue sharing their work.