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THE RULES
Is It Wet Yet?


File: f6be544acf53b4c⋯.jpeg (147 KB, 1060x600, 53:30, mediadc_brightspotcdn_com.jpeg)

fc2bbc  No.266004

By Joseph Lawler

https://www.washingtonexaminer.com/author/joseph-lawler

Industries that serve people in person are at risk of being left for dead as the pandemic grinds on into the fall.

The situation facing restaurants, bars, gyms, movie theaters, and other such businesses is far more dire than that of the economy as a whole.

Overall unemployment is at 8.4% and trending down — very bad, but not the apocalypse once feared. And some sectors and industries, such as housing and grocery stores, are holding up well or performing during the pandemic.

But places where people gather for fun and recreation are in big trouble. They will be the first to lose business or to be shut down by authorities amid virus outbreaks because time and money spent at those places are thought of as discretionary.

The hospitality and entertainment sectors face the prospect of the pandemic and government restrictions stretching into the fall and winter, depriving them even of the possibility of moving business outdoors.

“Spending on services that typically require people to gather closely, including travel and hospitality, is still quite weak,” Federal Reserve Chairman Jerome Powell noted Wednesday.

At the same time, it’s been months since Congress extended aid.

https://www.washingtonexaminer.com/news/restaurants-bars-and-theaters-at-risk-of-being-left-for-dead

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Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.

f4b374  No.266038

So they ship our industrial jobs over seas and then make it so we can't go to our service jobs. great work dems. not sure who you are working for though.

>“Spending on services that typically require people to gather closely, including travel and hospitality, is still quite weak,”

but also

>Since the 1970s the American economy has moved away from producing goods to providing services, and the service-producing sector has accounted for an increasing proportion of workers. In 1970, for example, there were 48.8 million service-providing workers, and 22.2 million people in the goods-producing sector, representing a service-to-goods ratio of 2.2 to one. (See Table 2.2.) By 2000, the number of workers in the service-providing sector was 107.1 million, compared with 24.6 million in the goods-producing sector, representing a service-to-goods ratio of 4.4 to one. In 2005, according to preliminary statistics compiled by the Bureau of Labor Statistics and published in Establishment Data Historical Employment (2005), workers who provided services (111.5 million) outnumbered workers who produced goods (22.1 million) by a ratio of five to one.

The American Workplace - The Shift To A Service Economy - Jobs, Million, Industry, and Services - StateUniversity.com https://jobs.stateuniversity.com/pages/16/American-Workplace-SHIFT-SERVICE-ECONOMY.html#ixzz6YTy3h3IO

Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.

f4b374  No.266120

93 million for RBG

how much for restaurants, bars, and theaters?

Hmmmm democrats?

Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.



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