Maricopa Boomtown: Businesses roll along despite pandemic
The numbers don’t lie: the coronavirus has ravaged the national economy since March.
Across the country, nearly 100,000 small businesses closed, nearly 60% of them permanently, through the end of August.
More than 32,000 restaurants closed, about 61% of them never to open again.
A U.S. unemployment rate of 7.9% and nearly 900,000 new unemployment claims reported by the states in September 2020.
In Arizona, 90,000 fewer residents were employed in September compared to a year ago, with about 58% of those jobs lost in the Phoenix region.
As grim a picture painted by those statistics, local businesses are surviving – and in some cases, thriving in – the pandemic. Certainly, many Maricopa businesses have felt pain and many local workers have lost their jobs for weeks or months, and perhaps permanently.
https://www.inmaricopa.com/maricopa-boomtown/

Comments
Post a Comment