recovery

Elevated Default Dangers Highlight Uneven Pandemic Recovery For Travel, Leisure

Where the content material of the eBook requires a particular layout, or incorporates maths or other special characters, the eBook will be obtainable in PDF format, which cannot be reflowed. For both formats the functionality obtainable will rely upon how you access the ebook . Las Vegas Strip casinos, largely proof against previous U.S. recessions, may be extra susceptible to the most Astral Travel recent round of weak client sentiment, based on executives and an trade analyst. The transaction isn’t expected to alter employment at both firm. Travel + Leisure Co. will license the brand to Meredith to continue working and monetizing T+L’s media platforms in a long-term settlement. The $100 million acquisition might be funded with cash readily available of $35 million paid at closing, with trailing payments completed by June 2024.

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The jobs recovery in work-from-home cities is fizzling out: Morning Brief

Friday, June 26, 2020

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Working from home is great if you already have a job.

In recessions, lots of bad things happen to the labor market.

Unemployment rises sharply.

Wage gains level off.

And the number of open jobs plummets.

All of which leads to dimmer prospects for those both employed and unemployed.

After a sluggish recovery for the labor market during the early part of the 2010s, data showing the number of workers quitting jobs on the rise, the number of job openings at record highs, and wages rising at the fastest rate in almost a decade were all signs that dynamism had returned to the labor market.

And while we’re still in the early stages of appreciating just how disruptive the current shock is to the labor market, data from

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These 7 states are showing early signs of a coronavirus job market recovery

The number of jobs lost due to the coronavirus shutdown continue to mount, with the latest weekly total of Americans applying for unemployment benefits coming in near 1.5 million, yet again.

The latest swath of applications brings the total amount of jobless claims to more than 47 million over the past three months, wiping out the 20 million jobs added over the last decade by a two-to-one margin.

Read more: Coronavirus: How to find a job in a tough economy

But some states are beginning to show a recovery from the spike in unemployment applications as coronavirus lockdowns went into effect. A Yahoo Finance review of jobless claims data from the U.S. Department of Labor shows that Rhode Island, Michigan, and Vermont have seen the strongest early signs of a bottoming out to a return to normal.

Comparing each state’s average weekly jobless claims totals over the past seven weeks

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The latest reminder that a full economic recovery will take a long time: Morning Brief

Friday, June 19, 2020

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‘It’s not clear why claims are still so high.’

Initial jobless claims continue to be the most concerning piece of U.S. economic data.

On Thursday, we learned that another 1.51 million Americans filed first-time claims for unemployment insurance. Over the last 13 weeks, more than 45 million Americans have filed for unemployment insurance.

And while the speed with which the economy slowed down in February is without precedent, the May jobs report showed some signs of a recovery in the labor market.

But Thursday’s report shows a persistently high number of American workers still turning to unemployment for the first time. And this casts doubt on how quickly the labor market will indeed turn around and resemble anything like what prevailed when the year began.

“It’s not clear

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These 3 states are showing early signs of a job market recovery

The number of jobs lost due to the coronavirus shutdown continue to mount, with the latest weekly total of Americans applying for unemployment benefits coming in above 1.5 million, yet again.

The latest swath of applications brings the total amount of jobless claims to more than 45 million over the past three months, wiping out the 20 million jobs added over the last decade by a two-to-one margin.

Read more: Coronavirus: How to find a job in a tough economy

But some states are beginning to show a recovery from the spike in unemployment applications as coronavirus lockdowns went into effect. A Yahoo Finance review of jobless claims data from the U.S. Department of Labor shows that Rhode Island, Vermont and Michigan have seen the strongest early signs of a bottoming out to a return to normal.

Comparing each state’s average weekly jobless claims totals over the past six weeks

Read More