On Tuesday, hotel giant Marriott International set in motion plans to place tens of thousands of workers on unpaid furlough as room cancelations escalate.
The American Hotel & Lodging Association and the U.S. Travel Association estimated that 1 million hotel jobs, or about 45% of the industry's employment, "have either been eliminated or will be eliminated in the next few weeks."
Taken together, the actions illustrate how the coronavirus outbreak threatens to derail the nation's employment market, which was in excellent shape with a national unemployment rate of 3.5% in February, according to the Bureau of Labor Statistics.
(Excerpt) Read more at msn.com ...
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Wonder what Soros is doing right now?....We know whose team he is on!
The American Hotel & Lodging Association and the U.S. Travel Association estimated that 1 million hotel jobs, or about 45% of the industry's employment, "have either been eliminated or will be eliminated in the next few weeks."
Taken together, the actions illustrate how the coronavirus outbreak threatens to derail the nation's employment market, which was in excellent shape with a national unemployment rate of 3.5% in February, according to the Bureau of Labor Statistics.
(Excerpt) Read more at msn.com ...
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Wonder what Soros is doing right now?....We know whose team he is on!
