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Essential Avenue Appears Ahead To The PPP Relaunch Because The Covid Outbreak Worsens • MV TELEGRAPH

How COVID Lockdowns Destroy Small Businesses and Aggravate Income Inequality

These states have lost more than a third of their small businesses

Small businesses were hit hard by the coronavirus pandemic, and some states and the counties within them suffered more than others.

The benefits of investing in workforce development - ColoradoBiz Magazine

ColoradoBiz Magazine The benefits of investing in workforce development Enhancing the skills of our workforce will allow more of the state’s residents to get back to work May 18, 2021 Like a tornado indiscriminately ripping through a town, the pandemic left some sectors of Colorado’s economy devastated and others untouched. The recovery seems to be following a similar path, according to Bureau of Labor Statistics data. While the state has regained 57% of the 375,000 jobs lost during the peak of the pandemic, positions in low-wage (and hard hit) industries like hospitality, retail and food service have been slow to return. The Opportunity Insights Economic Tracker, showed that as of February, high-wage employment in Colorado had grown by 6.6%, but low-wage employment ($27,000 and less) declined 16%.

Illinois Aims To Drive Tourism Growth As Full Reopening Approaches

Originally published on May 12, 2021 1:34 pm A new tourism campaign aims to help rebuild Illinois economy as more of the state s population becomes vaccinated. Advocacy groups say tourism recovery will help Illinois stay competitive nationally and globally after the COVID-19 pandemic. The multistate Time for Me to Drive campaign is set to launch later this week, as Morning Consult reports 69% of Americans polled say they are comfortable taking a road trip. State Rep. Lamont Robinson Jr., D-Chicago, said the challenge of the pandemic has taken its toll on Illinois. It has been particularly tough on our small businesses, restaurants, hospitality industry that rely on tourism to facilitate local economic development and growth, said Robinson.

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