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Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanent
Posted on 9/16/20 at 11:35 am
Posted on 9/16/20 at 11:35 am
quote:
Yelp on Wednesday released its latest Economic Average Report, revealing business closures across the U.S. are increasing as a result of the coronavirus pandemic's economic toll.
As of Aug, 31, 163,735 businesses have indicated on Yelp that they have closed. That's down from the 180,000 that closed at the very beginning of the pandemic. However, it actually shows a 23% increase in the number of closures since mid-July.
In addition to monitoring closed businesses, Yelp also takes into account the businesses whose closures have become permanent. That number has steadily increased throughout the past six months, now reaching 97,966, representing 60% of closed businesses that won't be reopening.
"Overall, Yelp's data shows that business closures have continued to rise with a 34% increase in permanent closures since our last report in mid-July," Justin Norman, Yelp's vice president of data science, told CNBC.
LINK
Posted on 9/16/20 at 11:37 am to RLDSC FAN
I recall it was "just 2 weeks" "flatten the curve".
How many politicians have taken a pay cut?
How many politicians have taken a pay cut?
Posted on 9/16/20 at 11:37 am to RLDSC FAN
Time to end this charade once and for all.
Posted on 9/16/20 at 11:38 am to RLDSC FAN
Imagine thinking it still makes sense to keep half the world shut down at this point.
Posted on 9/16/20 at 11:39 am to RLDSC FAN
A popular string of bars that make up U St. (one of the more popular areas of DC) are about to close down at the end of October thanks to the Mayor running the city into the ground like Destroya in NOLA with her ridiculous restrictions and curfews. U St. will probably go back to being a shithole. It’s a really big blow to night life in DC. Moving later this year and will be laughing on my drive out of here but feel terrible for the owners of these bars/restaurants.
LINK
LINK
This post was edited on 9/16/20 at 11:42 am
Posted on 9/16/20 at 11:40 am to Privateer 2007
quote:
How many politicians have taken a pay cut?
How many government employees of any type have taken a pay cut?
Posted on 9/16/20 at 11:44 am to Centinel
quote:
How many government employees of any type have taken a pay cut?
shite, some of them are working less for the same amount of money.
Posted on 9/16/20 at 11:47 am to RLDSC FAN
This is so horribly sad. Government overreach will have generational damage done to our economy. Children will go hungry, budget deficits will skyrocket, taxes will explode to cover them, then more people will not be able to make their bills.
frick
frick
Posted on 9/16/20 at 11:47 am to Privateer 2007
quote:
How many politicians have taken a pay cut?
None, things like pay cuts are for the lowly peasants.
Posted on 9/16/20 at 11:48 am to Centinel
quote:
How many government employees of any type have taken a pay cut?
Posted on 9/16/20 at 11:51 am to RLDSC FAN
My question is: what was the number of closurez over the same time period for the last couple of years. I know the numbers are worse this year, but businesses close all of the time.
Posted on 9/16/20 at 12:12 pm to RLDSC FAN
Trump's economy. Tax cuts to the rich while the little guys go out of business.
Posted on 9/16/20 at 12:14 pm to RLDSC FAN
We lost a great soul food place. Everything else in town has survived so far.
Posted on 9/16/20 at 12:15 pm to RLDSC FAN
Memaw is rejoicing from the nursing home that she gets to enjoy another pudding wednesday.
Posted on 9/16/20 at 12:16 pm to RLDSC FAN
It will be all worth it to them as long as Trump loses
Posted on 9/16/20 at 12:20 pm to TigerstuckinMS
quote:
How many government employees of any type have taken a pay cut?
quote:Hell, 100% of government employees in GSA are still working from home.
shite, some of them are working less for the same amount of money.
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