Back in March of 2020 when the lockdown to help to stop the spread of COVID-19 began, the air travel industry was among the hardest hit. Now, with summer travel quickly approaching, what are airlines doing to bounce back from their historic lows of the past year?
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North Korea has recently announced that the country will not be participating in the upcoming Summer Olympics in Tokyo due to Covid-19 concerns.
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Once again, simmering tensions have boiled over in Belfast, Northern Ireland, this time in response to COVID-19 and Brexit.
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In response to COVID-19, the United States had to implement measures to slow the spread of the virus such as social distancing and a partial economic shutdown, actions which have had a major impact on the U.S. economy, including people’s livelihoods and jobs. The immediate effects that the pandemic has had on the U.S. labor market have been evident in both the unemployment rate and payroll employment numbers. In the early months of the pandemic, the unemployment rate soared, peaking at 14.7% in April 2020, the highest point since the Great Depression. More than 20 million jobs were lost in April as well, which was a record number of jobs lost in a period of one month.
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The COVID-19 pandemic has impacted several different companies and industries in various ways. Some industries boomed throughout the year, and some are still struggling to maintain themselves. However, the effect of the pandemic on each company and industry has also had a unique effect on the recruitment of each sector.
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In the latest pivot during the COVID-19 pandemic, companies have been testing the waters when it comes to advertising and marketing efforts that encourage consumers to get the COVID-19 vaccine.
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On Thursday, March 18th, Google announced that they plan to spend $7 billion on new offices and data centers across the country, creating 10,000 new jobs in the process, according to Fox Business. $250 million will be invested in New York City alone and an additional $1 billion in Google’s home state of California.
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Donating time, money, or reposting graphics on social media are just a couple ways that someone can support an organization in need, but businesses in 2021 are taking donations to a whole new level.
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In recent weeks there has been an abundance of complaints of the skyrocketing gas prices. Some have pinned this on the recent shift in governmental power with the new United States president, Joe Biden. Others have blamed it on the economic trends that have accompanied the pandemic, but who is to “blame?”
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As the pandemic continues to take a toll on the retail industry, Gap Inc. CEO Sonia Syngal predicts a revival of the clothing sector in 2021. Syngal told the Wall Street Journal that “We do think there’s going to be this peacocking effect that happens, as people emerge from COVID.”
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