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-0.00107759835702488 -0.000362420972093599 0.000201344984496482 -0.000724841944187198 0.00334232674264078 0.0004429589658921 -0.0080135303829582 -0.0050336246124109
Stock impact report

Unemployment checks are being held up by a coding language almost nobody knows [The Verge]

International Business Machines Corporation (IBM) 
Last international business machines corporation earnings: 4/20 04:08 pm Check Earnings Report
US:NYSE Investor Relations: ibm.com/investor
Company Research Source: The Verge
Just a month ago, Peter Cassidy was working at an airport in the small ski town of Montrose, Colorado. But as the novel coronavirus trickled into his county, Cassidy and his co-workers watched as the list of inbound flights got shorter and shorter. On March 17th, he was laid off. The next morning, like millions of other Americans, he punched his information into an online unemployment form.But when he clicked submit, he was met with an error: Colorado’s system was overloaded and he’d need to file again.For three days, Cassidy tried everything: staying up late to see if the system would start working, waking up at 3AM before other people had logged on. Finally, he gave up and filed over the phone.Colorado — like most states and territories across the country — is experiencing record unemployment numbers. But the state’s unemployment system is built on aging software running on a decades-old coding language known as COBOL. Over the years, COBOL programmers have aged out of the workforce Show less Read more
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