Real-Time Data Show COVID-19 Led to 60% Decline in Leisure, Hospitality, Retail Employment: Drexel University
May 06, 2020
May 06, 2020
PHILADELPHIA, Pennsylvania, May 6 -- Drexel University issued the following news release:
There is no doubt that the COVID-19 crisis is affecting the U.S. economy and labor markets in an unprecedented way. The leisure, hospitality and retail industries have been hit the hardest by shutdown orders nationwide but new research that uses data from Homebase, a time-tracking software, to provide real-time employment estimates shows that the report by the Bureau of Labor Statistics, expect . . .
There is no doubt that the COVID-19 crisis is affecting the U.S. economy and labor markets in an unprecedented way. The leisure, hospitality and retail industries have been hit the hardest by shutdown orders nationwide but new research that uses data from Homebase, a time-tracking software, to provide real-time employment estimates shows that the report by the Bureau of Labor Statistics, expect . . .