Americans made tentative moves back to restaurants and gyms over the past week, hiring advanced across a sample of industries and a rise in job ...
NEW YORK: Americans made tentative moves back to restaurants and gyms over the past week, hiring advanced across a sample of industries and a rise in job postings suggested it may continue, signs the US recovery grinds along, albeit not without some setbacks.
Measures of mobility, demand, production and employment all rose as well, and the improved health data"if sustained, will bolster the other dimensions in coming weeks," Daco wrote. Weekly new job openings aggregated by Chmura Economics from companies and national job sites rose through early August, an indicator of company intentions to bring on new workers. An index compiled by job website Indeed comparing current openings to 2019 has continued rising though at a slower pace in August.
Data on retail foot traffic from cellphone tracking firm Unacast showed visits to restaurants last weekend hit 2019 levels in about half of states for the first time since late July, with a similar return to beauty salons and barbershops. Traffic to gyms hit year-ago levels in 17 states, the most since mid-July.
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