They re most likely to spend their pandemic savings on travel, and they re already doing so on
luxury travel.
economy, which needs the wealthy to spend to get back on its feet.
Wealthy millennials are busy booking tickets and packing their bags.
High-income millennials are set to drive the post-pandemic travel boom, according to a new survey from Accenture and TripAdvisor that polled 1,000 Americans. It defined millennial high earners as those raking in at least $100,000 a year. This cohort is most likely to spend big on travel this year, comprising the highest rate of luxury bookings (trips costing at least $5,000) among all other generations surveyed.
By Syndicated Content
By Howard Schneider
WASHINGTON (Reuters) â If the coronavirus pandemic produced its own brand of anxiety for American workers trying to stay healthy while balancing job and family demands, the coming return to ânormalâ will pose a new set of challenges.
Like whether to first try to claw back all the free hours of labor donated to companies during the crisis, or shift to a âfuture-proofâ occupation to insure against the next one, or figure out how to compete with the robots being deployed more widely because of the pandemic.
The workforce fallout from the coronavirus outbreak, in other words, may have only just begun.
By Syndicated Content
By Howard Schneider
WASHINGTON (Reuters) â If the coronavirus pandemic produced its own brand of anxiety for American workers trying to stay healthy while balancing job and family demands, the coming return to ânormalâ will pose a new set of challenges.
Like whether to first try to claw back all the free hours of labor donated to companies during the crisis, or shift to a âfuture-proofâ occupation to insure against the next one, or figure out how to compete with the robots being deployed more widely because of the pandemic.
The workforce fallout from the coronavirus outbreak, in other words, may have only just begun.
By Syndicated Content
By Howard Schneider
WASHINGTON (Reuters) â If the coronavirus pandemic produced its own brand of anxiety for American workers trying to stay healthy while balancing job and family demands, the coming return to ânormalâ will pose a new set of challenges.
Like whether to first try to claw back all the free hours of labor donated to companies during the crisis, or shift to a âfuture-proofâ occupation to insure against the next one, or figure out how to compete with the robots being deployed more widely because of the pandemic.
The workforce fallout from the coronavirus outbreak, in other words, may have only just begun.
By Syndicated Content
By Howard Schneider
WASHINGTON (Reuters) â If the coronavirus pandemic produced its own brand of anxiety for American workers trying to stay healthy while balancing job and family demands, the coming return to ânormalâ will pose a new set of challenges.
Like whether to first try to claw back all the free hours of labor donated to companies during the crisis, or shift to a âfuture-proofâ occupation to insure against the next one, or figure out how to compete with the robots being deployed more widely because of the pandemic.
The workforce fallout from the coronavirus outbreak, in other words, may have only just begun.