Claims And A Quick Thought On ‘Quick Fixes’
385,000 Americans filed for unemployment benefits last week, a reprieve of sorts after two consecutive weeks of initial claims prints above 400,000.
Economists were looking for 383,000 on the headline, so Thursday's print was essentially in line.
The range was 350,000 to 400,000. The previous week was revised slightly lower. The four-week moving average dropped to 394,000 (figure below).
The latest "real time" update on the labor market came in the wake of a disappointing read on private pa
With reservoir species now shown to include deer, it is virtually assured that covid will be with us for a very long time.
I suppose the bigger question for me is, how far does the Delta (and beyond) variant have to spread before companies that are demanding their workers who have been highly effective for over a year but desperately need to return to office change their tune? And how long of basically fully remote work will it take for these businesses to recognize the landscape has shifted and they need to re-asses how their employees work and where?
I agree with your sentiments about returning to bars and restaurants after Covid. Consumer behaviour has changed and it will take roughly 2 years to change back completely. Here in Finland, alcohol consumption has remained relatively unchanged. Only the location has changed, with allied changes in consumption cost