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From Politico: Reopening reality check: Georgia's jobs aren’t flooding back
Georgia’s early move to start easing stay-at-home restrictions nearly a month ago has done little to stem the state’s flood of unemployment claims — illustrating how hard it is to bring jobs back while consumers are still afraid to go outside.
40% of Georgia's workers have filed for unemployment assistance. That's the highest rate in the US.
Raise your hand if you're surprised.
Georgia's mobility is still far below normal. According to Unacast, Georgians are moving around and visiting non-essential businesses around 25% less than usual, and that hasn't changed much in several weeks; Google shows a 40% drop in people traveling to work, 39% drop in people taking transit, and a 16% drop in restaurants, retail shops, movie theaters, museums and so on.
Much in the same way that people were self-quarantining and stopping businesses before government edicts, they're continuing to do so after those orders have been modified or lifted. Julia Coronado, president and founder of Macropolicy Perspectives, an economic research consulting firm [says] “The economic story really isn’t about lockdowns, and we’re going to make mistakes by pursuing that narrative. It really is about the disease, and how fearful people are about getting sick, and how businesses are going to operate in a world where this virus is with us.”
Georgia’s early move to start easing stay-at-home restrictions nearly a month ago has done little to stem the state’s flood of unemployment claims — illustrating how hard it is to bring jobs back while consumers are still afraid to go outside.
40% of Georgia's workers have filed for unemployment assistance. That's the highest rate in the US.
Raise your hand if you're surprised.
Georgia's mobility is still far below normal. According to Unacast, Georgians are moving around and visiting non-essential businesses around 25% less than usual, and that hasn't changed much in several weeks; Google shows a 40% drop in people traveling to work, 39% drop in people taking transit, and a 16% drop in restaurants, retail shops, movie theaters, museums and so on.
Much in the same way that people were self-quarantining and stopping businesses before government edicts, they're continuing to do so after those orders have been modified or lifted. Julia Coronado, president and founder of Macropolicy Perspectives, an economic research consulting firm [says] “The economic story really isn’t about lockdowns, and we’re going to make mistakes by pursuing that narrative. It really is about the disease, and how fearful people are about getting sick, and how businesses are going to operate in a world where this virus is with us.”