Shutting down the service industry might just be the perfect way to get people back into the manufacturing sector. We were dealing with historically low unemployment before this so the shift would have been much harder to accomplish.
Unfortunately many states are almost completely dependent on the service industries, eg states that rely on tourism. Manufacturing jobs are virtually non-existant.
Maine has many old mills that could be converted to factories, but at this point it's too late and too expensive. I worry about what will happen here if this lockdown continues.
Tourists are required to quarantine for 14 days. Who wants to visit if they can't leave their room for two weeks?
SUPPOSEDLY it ends on July 10th, but the season is half over by then, and I fully expect our Fuhrer Governor to extend again.
I used to live in a city that was once an oilfield hub but has morphed into a service industry city. Of course we know which party has run the city for decades of its decline and now that mayor is, of course, threatening fire and police cuts if taxes aren't raised.
Right, the point is they can shift to manufacturing now since it's illegal to run a successful service based business so all the people forced out of their jobs by Communists running the government have the opportunity to do other things.
Well, service industry in specific tourist destinations are kind of a special case so those jobs aren't going away long term.
But we were already headed for a lot of lost jobs in the service industry as technology is utilized more and more and the need for a lot of employees directly interacting with the customer is reduced.
The response to Covid-19 was obviously not ideal, but eventually something would have to happen to make up for lost jobs in the service industry. The push to online and kiosk ordering and payment was happening anyway, but it's been greatly escalated in the past 3 months.
Now is the time for manufacturing to ramp up and start hiring low-skilled workers, while many of them are likely permanently displaced from a service industry that's taken a beating and had to adjust for minimal staffing.
They all loved that extra check at first but what good is it if you don’t have a job to go back to?
I was a chef with a culinary arts degree but went back to college and got my bachelors at 33. I refused to stay in that industry.
We are coming back stronger than ever before. Nobody has ever seen anything like this, believe me.
Shutting down the service industry might just be the perfect way to get people back into the manufacturing sector. We were dealing with historically low unemployment before this so the shift would have been much harder to accomplish.
Good point! 👍
Not to ruin the fun, but this has a lot to do with the Feds increasingly radical steps, including buying stocks from private companies
That would show bonds prices going down, but I don't see that. See to me appears to be software triggers for short-term profits.
The NASDAQ aint gonna hit no all-time high due to some QE malarky
Where did you see they were buying stocks? I thought it was bond etfs?
Democrats hand him garbage, Trump makes Diet Coke.
I'll still drink that garbage.
Why don't Diet soda drinkers just have Coke Zero instead?
"I've never seen a thin person drink diet coke" - GEOTUS
Unfortunately many states are almost completely dependent on the service industries, eg states that rely on tourism. Manufacturing jobs are virtually non-existant.
Maine has many old mills that could be converted to factories, but at this point it's too late and too expensive. I worry about what will happen here if this lockdown continues.
Tourists are required to quarantine for 14 days. Who wants to visit if they can't leave their room for two weeks?
SUPPOSEDLY it ends on July 10th, but the season is half over by then, and I fully expect our Fuhrer Governor to extend again.
This could be the opportunity for smart business men to hire a hungry workforce.
I used to live in a city that was once an oilfield hub but has morphed into a service industry city. Of course we know which party has run the city for decades of its decline and now that mayor is, of course, threatening fire and police cuts if taxes aren't raised.
Right, the point is they can shift to manufacturing now since it's illegal to run a successful service based business so all the people forced out of their jobs by Communists running the government have the opportunity to do other things.
Well, service industry in specific tourist destinations are kind of a special case so those jobs aren't going away long term.
But we were already headed for a lot of lost jobs in the service industry as technology is utilized more and more and the need for a lot of employees directly interacting with the customer is reduced.
The response to Covid-19 was obviously not ideal, but eventually something would have to happen to make up for lost jobs in the service industry. The push to online and kiosk ordering and payment was happening anyway, but it's been greatly escalated in the past 3 months.
Now is the time for manufacturing to ramp up and start hiring low-skilled workers, while many of them are likely permanently displaced from a service industry that's taken a beating and had to adjust for minimal staffing.
Keep fighting, this country is coming back strong in 2021!
Wow. Astute observation. Never though of that. I hope that is true!!
The idiots in the culinary union here in vegas are gonna all be out of work because they're ignorant douchebags.
They all loved that extra check at first but what good is it if you don’t have a job to go back to? I was a chef with a culinary arts degree but went back to college and got my bachelors at 33. I refused to stay in that industry.
didn't you know its all Obama?
/s
DOW 30,000 by November.
"we have the best come backs, don't we folks? It's true, it's true."