Drexel University: Real-Time Data Show COVID-19 Led to 60% Decline in Leisure, Hospitality and Retail Employment
July 03, 2020
July 03, 2020
PHILADELPHIA, Pennsylvania, July 3 -- Drexel University's LeBow College of Business issued the following news:
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 Lab . . .
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 Lab . . .