Business Law Business Law Resources Labor and Employment Law Uncategorized

HOW DOES THE LAW REGULATE MASS LAYOFFS AND PLANT CLOSINGS?

Recently, the Commerce Department disclosed the most devastating three-month collapse of the U.S. economy ever.  In the second quarter of 2020, the gross domestic product fell by 9.5%.  The effects of the coronavirus pandemic reached throughout the economy.  Consumers cut their spending.  Businesses reduced their…