#11
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Economic Recovery #11

  • What do concert workers do?
  • Childcare industry
  • Debt and next generation
  • Offices not refilling fast
Published every Monday

Billboard

Brain Drain, Bankruptcy & Millions Unemployed: Where Do Concert Workers Go From Here?

As partisan gridlock on pandemic relief continues, many in the touring industry without work are facing uncertainty.

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Mel Magazine

The Bleak Reality of Approaching 60 and Getting Laid Off During the Pandemic

Retirement isn’t an option when you’re flirting with bankruptcy

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TIME

How COVID-19 pushed the childcare industry to the brink

Jenna Antico, a 31-year-old childcare operator in Sarasota, Fla., thought 2020 would be a pivotal year for her business. The daycare facility she started building in 2015 was turning a steady profit, so she leased a second building in October 2019, then purchased a third in late February 2020. As it turned out, this year has indeed been pivotal — but not in the way she had hoped.

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City AM

Entrepreneurs are an asset to grow. The government must give them time to thrive

“Energy is eternal delight.” Heed the words of William Blake, because entrepreneurial energy is the dynamo that has powered the UK economy and transformed the business scene in recent times.

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Irish Times

John FitzGerald: Economy shows resilience in teeth of pandemic

Every quarter, when the Central Statistics Office publishes the latest national accounts figures, it is like getting a new Sudoku puzzle: it is left to the readers to complete the puzzle to arrive at a true picture of the economy. However, as with Sudoku puzzles, filling in the gaps to get the answer can be challenging.

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Houston Chronicle

Federal debt blowing up the next generation’s future

Living the high-life is easy if you run up your credit cards, mortgage your home and never pay your debts.

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CT Mirror

Mortgage lenders face increasing risks from sea-level rise

It was an eye-popping headline in the New York Times earlier this summer – “Rising Seas Threaten an American Institution: The 30-Year Mortgage.” The somewhat less-explosive point was that in an effort to avoid risks of climate change-caused defaults on mortgages – especially involving homes facing sea-level rise and increased flooding – banks have been selling off those mortgages.

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Cato Institute

Has Coronavirus Money Kept Americans From Working?

We take a look at the effect of an extra $600 in unemployment benefits.

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Indian Express

Green shoots in agriculture a promising sign

The contraction of 23.9 per cent of real Gross Domestic Product (GDP) of the Indian economy in the first quarter (Q1) of the current financial year as compared to the last year’s Q1, as shown in the GDP data released by National Statistical Office (NSO) on August 31, has become a point of hot discussion and worry. In absolute numbers, this contraction means that India’s real GDP has shrunken to 26.90 lakh crore in Q1 this financial year from 35.35 lakh crore in Q1 last year.

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New York Times

London Offices Aren’t Refilling Fast Enough for Shops Relying on Them

LONDON — Schroders, a big asset management firm, wants more of its workers to return to its office in the City of London. Over the summer, it encouraged people to come in for a day to test their commute and so the firm could demonstrate the new safety measures in place, including an app to order food from the canteen.

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