The delta variant has muted the progress of the U.S. economic recovery from the Covid-19 pandemic, with consumers putting off some leisure spending and businesses delaying a return to normal operations, according to a number of high-frequency reports that show softness in August.
Parking in Los Angeles is about luck and skill. So save time and money by learning these hacks with yellow curbs, green curbs, holiday rules, valet and more.Although the labor market has become tighter this year, and many employers say they are struggling to fill positions, there are a few signs of slackening demand amid Delta. For example, there’s been a decline in job postings on Indeed for dental office and child-care jobs, positions that would call for close contact with the public.
“During the latest wave of the virus, those virus-sensitive sectors have already seen a drop in job postings,” said Jed Kolko, Indeed’s chief economist. If the wave continues, “labor demand might drop if people cut back on travel, eating out, and other services spending.” And potential workers might be reluctant to look for work, he said.The plans of big U.S. companies to return workers to their offices in bustling business districts are going in reverse.
That affects not only real estate but also a swath of businesses that depend on offices, such as dry cleaners and urban restaurants, and cities through taxes.
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