Economy

Economy
The One Employment Stat That Could Threaten The Recovery
July 02, 2020

Many Americans have seen their household incomes become one of COVID-19’s many casualties, as the U.S. unemployment rate has skyrocketed and millions of workers who still have jobs face cuts to their hours or pay rates. Get the Full Story Complete the form to unlock...

Economy
Coronavirus Refunds: Austin City Limits Ticket Holders To Get Reimbursement, Carryover Options
July 01, 2020

As the coronavirus pandemic continues to disrupt everyday life the world over, many consumers want refunds on things they paid for but aren’t able to use. Concertgoers are receiving the option to get refunds for tickets to postponed events or keep their tickets for next...

Economy
Gyms Continue To Struggle With Rocky Reopenings
July 01, 2020

Now that many consumers have to make appointments to go to the gym or use a specific piece of equipment amid the pandemic, will they want to visit fitness clubs again? Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
Global Tourism Faces Multi-Trillion-Dollar Hit From COVID-19
July 01, 2020

The tourism sector in the United States will take the biggest hit of any country in the world from COVID-19, with China a distant second, a new United Nations study finds. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
ADP Report Shows US Added Nearly 2.4M Private-Sector Jobs in June
July 01, 2020

It’s not exactly “Happy Days Are Here Again,” but private sector employment increased by nearly 2.4 million jobs from May to June, according to the June ADP National Employment Report released Wednesday (July 1). Get the Full Story Complete the form to unlock this article and...

Economy
Coronavirus Refunds: Broadway Theaters To Offer Reimbursements, Exchanges For Tickets
June 30, 2020

As the pandemic continues to disrupt everyday life the world over, entertainment venues are providing compensation for things consumers paid for but aren’t able to use. Broadway theaters, in one case, are offering remuneration for tickets. Get the Full Story Complete the form to unlock...

Economy
Consumer Confidence Index Sees Increase In June
June 30, 2020

The Consumer Confidence Index rose in June, The Conference Board reported in a Tuesday (June 30) press release, but it is still not back to pre-pandemic levels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
Goldman Sachs: Face Mask Mandate Would Cut Infections, Help Economy 
June 30, 2020

Goldman Sachs has an idea for Capitol Hill to cut the daily growth rate of COVID-19 cases and help the economy: mandatory face masks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Labor Agency Finds COVID-19 Took Bigger Toll On Jobs Than Forecast
June 30, 2020

COVID-19 and the shutdowns enacted to combat the virus deprived the world’s workers of the equivalent of 480 million 40-hour-a-week jobs during the past three months, the United Nations-affiliated International Labour Organization reported today. Get the Full Story Complete the form to unlock this article...