The Biden administration is making $482 million available to aviation industry manufacturers to help them avert job or pay cuts in the pandemic.

The Biden administration is making $482 million available to aviation industry manufacturers to help them avert job or pay cuts in the pandemic.

The taxpayer-funded relief will cover up to half of the payroll costs at 313 companies, according to the Transportation Department, which said Thursday will help save up to 22,500 jobs.

Air travel plummeted due to the spread of COVID-19. The delta variant has led to elevated cancellations and diminished travel in recent months. More than 100,000 aerospace jobs have been lost in an industry that had employed about 2.2 million people, according to the Transportation Department.

The largest recipient the fund funds announced Monday is Spirit Aerosystems, a Boeing supplier based in Kansas, which stands to get $75.5 million that the government says will help protect 3,214 jobs. Parker-Hannifin Corp. of Ohio, which makes hydraulic systems for planes, will get $39.7 million. The avionics unit of Japan’s Panasonic, based in California, will get $25.8 million, and several U.S. subsidiaries of France’s Safran S.A. will get a total of $24.8 million.

Money for the aerospace companies is coming from a $1.9 trillion package approved by Congress and signed by President Joe Biden in March.

The relief is similar to a much larger aid program for U.S. airlines, which have received $54 billion in the past year and a half. The airlines also agreed not to furlough any workers, but they eliminated tens of thousands of jobs anyway by offering incentives for employees to quit or retire early.

Critics labeled the airline aid a bailout that amounted to several hundred thousand dollars for each job that was spared — 75,000 jobs, by some estimates. Defenders such as American Airlines CEO Doug Parker say that without the government’s help, airlines would have been forced to shut down when traffic fell to levels not seen since the 1950s.

The Federal Aviation Administration, part of the Transportation Department, recently awarded $100 million to aerospace companies including Boeing, General Electric’s aviation division and jet engine maker Pratt & Whitney to make planes less polluting and quieter.

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Governor Kathy Hochul today announced construction has been completed on a $23.6 million project to replace four bridges and rehabilitate three others along State Route 9W in the towns of New Windsor, Cornwall and Highlands in Orange County. The project enhanced safety and improved travel along a key route that’s vital for the flow of people and commerce in the Hudson Valley and also provides access to attractions like Storm King Mountain and the United States Military Academy at West Point. Extensive recycling techniques were also employed during construction to reduce the demand for new materials and reduce the project’s environmental impact.

“New York State remains committed to building a 21st century infrastructure that improves quality of life, promotes economic growth and helps to safeguard our environment,” Governor Hochul said. “Renewing the bridges along the Route 9W corridor will help countless commuters who travel this vital corridor every day, and help keep people and goods moving throughout Orange County for years into the future.”

Improvements made as part of the project include new road surfaces, increased vertical clearances, concrete arch and substructure repairs, and new parapets, railings and sidewalks. New, weather resistant steel girders were installed to significantly lengthen the life span of the bridges and lessen the need for frequent painting.  

During construction, concrete debris was taken from the bridge sites and transported to a local facility, where it was reduced and processed for use as backfill, subbase and gravel. Additionally, embankment materials were excavated, stockpiled and utilized as backfill on the new bridges, slopes and roadways.

Bioretention elements were added to create a natural filtration system, which protects wildlife and prevents adverse impacts from stormwater runoff. Stone armoring, also known as heavy stone fill, was added at the Black Forest Creek location to fix scour and erosion at inlets and outlets, which will allow for the free flow of water. 

Replaced bridges include:

  • The River Road bridge over Route 9W, Town of New Windsor.
  • The Route 9W bridge over Quaker Avenue, Town of Cornwall.
  • The Willow Avenue bridge over Route 9W, Town of Cornwall.
  • The Angola Road bridge over Route 9W bridge, Town of Cornwall.

Refurbished bridges include: 

  • The Route 9W bridge over Route 218, Town of Cornwall.
  • The Route 9W bridge over Black Forest Creek, Town of Cornwall.
  • The Route 9W bridge Route 218, Town of Highlands.

Department of Transportation Commissioner Marie Therese Dominguez said, “All across New York, we are building a sustainable and resilient transportation infrastructure that will strengthen communities and promote growth. This project along the Route 9W corridor is no exception and demonstrates the Department of Transportation’s commitment to giving New Yorkers the transportation system they deserve and utilizing sound and environmentally conscious methods and materials.”

Senator James Skoufis said, “I am thrilled to see these improvements completed along our busy 9W corridor, a long-awaited project that I joined others in pushing for when I served in the Assembly. Making upgrades

Job openings outnumbered the unemployed by more than 2 million in July as companies struggled to fill a record number of vacancies, the Labor Department reported Wednesday.

The department’s Job Openings and Labor Turnover Survey, which the Federal Reserve watches closely for signs of slack in employment, showed 10.9 million positions open. That was much higher than estimates of 9.9 million, and also the June total of 10.18 million.

That number swamped the 8.7 million level of those out of work and looking for jobs in July. JOLTS data runs a month behind the regular nonfarm payrolls report, which reported growth of 1.05 million for July.

Hiring slowed sharply in August, with payrolls growing by just 235,000 even as the total unemployed dipped to just shy of 8.4 million.

The rate of job openings measured against the total labor force swelled to 6.9 percent in July, up from 6.5 percent the previous month and 4.6 percent a year ago.

The rate jumped to 10.7 percent from 10.2 percent in the critical leisure and hospitality field, which suffered the most during the Covid-19 pandemic. Openings rose to 1.82 million, a total gain of 134,000 from June.

Financial activities also saw a big gain in openings, with the rate rising to 5.8 percent from 3.8 percent, representing more than 200,000 new positions available. Government openings also increased substantially, to 4.6 percent from 4.2 percent, or a gain of nearly 100,000.

Regionally, the Northeast rate rose to 7 percent from 6.2 percent. Despite being hit hardest by new Covid cases, the South continued to have the highest level of job openings at 7.1 percent, an increase of 226,000 from June.

The hires rate actually dipped for the month, to 4.5 percent from 4.7 percent, while the quits rate, seen as a barometer of worker confidence, was unchanged at 2.7 percent. Layoffs and discharges nudged higher to 1 percent.

The number of job openings in the U.S. economy jumped to more than 10 million in June, the highest on record, as the U.S. labor market continues a choppy recovery from last year’s economic shutdowns, the Labor Department said Monday.

There were 10.1 million open jobs on the final day of June, the report said, up from 9.2 million in May. Economist polled by Dow Jones were expecting 9.1 million openings. The jump came as the quits rate increased while the layoffs and discharges rate was unchanged, reflecting increased bargaining power and employment options for workers.

By industry, leisure and hospitality show one of the highest level of job openings at more than 1.6 million. Health care and social assistance has 1.5 million openings.

A ‘We’re Hiring!’ sign is posted at a Starbucks on August 06, 2021 in Los Angeles, California.

Mario Tama | Getty Images

“Labor demand keeps getting stronger. This is the third straight month of record-breaking job openings,” Indeed Hiring Lab director of research Nick Bunker said in a note. “The quits rate is also close to its all-time high, which was set just two months ago in April. This wave of demand will eventually recede, but job seekers should ride it until then.”

Despite the unemployment rate remaining above 5% and the U.S. economy being millions of jobs short of pre-pandemic levels, many businesses have reported difficulty finding workers. Nominal wage gains, especially among non-management employees, also points to a tighter labor market.

The job openings survey was conducted before the July jobs report released last week which showed the economy adding 954,000 jobs. Hiring has accelerated during the summer after some disappointing results earlier in the year.

The Labor Department said in Friday’s jobs report there were 8.7 million Americans looking for work, meaning there were more open jobs than potential workers. To be sure, improving economies and tight labor markets can bring workers off of the sidelines and back into the labor force.

The high level of job openings comes even as some states have ended the extra unemployment benefits that were created during the pandemic in an effort to motivate Americans to return to work. The extra benefits are set to expire for the rest of the country next month.

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The US is surpassing an average of 160,000 new Covid-19 cases a day, according to data from Johns Hopkins University. With the spread of the more transmissible Delta variant and many students returning to the classroom for a new academic year, the rise is concerning officials and health experts.

“First and foremost, if you are unvaccinated, we would recommend not traveling,” CDC Director Dr. Rochelle Walensky said at a White House COVID-19 Response Team Briefing on Tuesday.

Walensky said that while people who are fully vaccinated can travel with precautions, current transmission rates mean they too need to take Covid-19 risk into consideration when deciding whether or not to travel.

Health experts have said that vaccination is the best way to protect against the virus’ spread, and many have attributed the spike in cases to the large portion of Americans who are unvaccinated.

Of those eligible for vaccinations, which includes Americans 12-years-old and older, 38.6% are not yet fully vaccinated, according to data from the CDC.

This week, data presented by a CDC vaccine adviser showed a hospitalization rate 16 times greater in the unvaccinated population than in those vaccinated. And the surge in hospitalizations, particularly among unvaccinated people, has stretched hospitals thin.

In Idaho, Gov. Brad Little said the state has reached a point in the pandemic “we have not seen before” with more Idahoans in the ICUs than ever before. He stressed multiple times that the “vast majority” are unvaccinated.

“Yesterday evening I toured a nearly full ICU wing in Boise. What I saw was heartbreaking,” he said Tuesday. “Some were young, two were middle-aged, two patients were pregnant… All of them were struggling to breathe and most were only breathing with help from a machine.”

He said medical staff are “exhausted,” so the state is adding up to 370 additional personnel to help.

A new case study published Tuesday illustrated the impact of gatherings of large groups of unvaccinated people.

In June, attendees met for a five-day overnight church camp and a two-day men’s conference in Illinois, neither of which required vaccination, testing or masks. By August, 180 Covid-19 cases were connected to the events, including five hospitalizations, according to the investigation, conducted by the CDC and the Illinois Department of Public Health.

A healthcare worker at a 24-hour drive-thru site set up by Miami-Dade and Nomi Health in Tropical Park administers a Covid-19 test on Monday in Miami, Florida.

More than 200,000 kids test positive in a week

Concern is growing over infections in children, many of whom don’t have access to the vaccine yet.

And those who are eligible are not reaping the full benefits. Children ages 12 to 15 are eligible but less then half of that group is vaccinated with at least one dose, according to data published Monday by the CDC.

The result has been cases in children increasing “exponentially,” the American Academy of Pediatrics reported Tuesday.

More than 200,000 children tested positive for Covid-19 in the last week, a five-fold increase from a month ago, the AAP said. And rates of hospitalizations have risen with the cases.

Between August 20 and 26, an average of 330 children

The United States economy and job market are growing strong. Last week, we saw nearly one million new jobs were added in the U.S. Now, a record-setting 10.1 million jobs are available, according to the Job Openings and Labor Turnover Survey (JOLTS) report. 

As states reopened and Covid-19-related mandates relaxed, hiring boomed. The growth in job creation was most abundant in the once-hardest-hit sectors, such as restaurants, bars, hospitality, leisure and travel. 

Ironically, the good news created a new problem: businesses can’t find employees due to the huge increase in demand for workers. To compete for talent, companies are raising wages, offering sign-on bonuses and even paying for college tuition.

It’s hard to hold onto workers with so many jobs available. The “Great Resignation” movement is based, in part, on workers seeing all of the available opportunities and feeling comfortable and confident in quitting their jobs to find a better one. There are severe labor shortages in a number of industries. Enhanced unemployment benefits, childcare challenges, concerns over Covid-19 and the surging Delta variant contribute to potential job seekers staying on the sidelines. Some economists believe that if the public schools reopen in the fall, it should help ameliorate this situation.

All is not perfect. There is an uncomfortably large number of people who are long-term unemployed. Also, the U.S. has 9.2 million individuals who are underemployed, want full-time work, but can only get part time jobs and those who have just given up and forsaken their job searches.

This report tracks data collected before the sudden surge in the new Delta variant. We will have to see how this impacts hiring. Major corporations, including Google, Microsoft, Wells Fargo, Amazon, Apple, Facebook and Twitter, have pushed back their return-to-office programs, due the the new strain of the virus.

Top-tier investment bank Goldman Sachs contends that this positive trend of job growth will continue. Jan Hatzius, an economist at the bank, predicts that the unemployment rate will continue to fall. Hatzius feels it will be about 4.1% in 2021 and then fall to 3.5% in 2022.  This would bring us back to the 50- year record lows of unemployment. 

The Goldman economist optimistically said, “We expect further solid job gains in the rest of the year. One reason is that labor demand remains very strong. We also see further scope for fairly quick job gains from additional reopening, the expiration of federal unemployment benefits and the return of in-person school.”

Florida has recovered more than 950,000 jobs since the COVID-19 pandemic wreaked havoc on the nation’s economy last spring with mandatory business shutdowns that inflicted sudden but enduring damage on the Sunshine State’s $90 billion tourist/hospitality industry.

According to Florida Chamber of Commerce Chief Economist Dr. Jerry Parrish, the state has come a long way since the mass furloughs and layoffs of April 2020, which temporarily cost as many as 1.3 million Floridians their jobs.

“We still have a few more (jobs to gain) to go get back to the peak of 9 million non-farm jobs” in the state, Parrish said in a recently-posted August edition of the Chamber’s Florida By the Numbers video presentation.

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Citing the metrics in the Chamber’s Florida Scorecard, Parrish said about 315,800 jobs that existed before the pandemic have not, thus far, been “recovered,” even though the number of jobs available in the state now exceeds job openings prior to March 2020.

“Of the 315,800 jobs we are still trying to recover,” Parrish said, 63% – or about 194,000 jobs – are in the economy’s leisure and hospitality sector. The state has not recovered 30,000 education and health service jobs or 27,000 jobs in the trade and transportation sector, according to the Chamber.

Since January, Florida businesses have restored 264,300 jobs of the 950,000 that have been recovered since April 2020. That pace is accelerating, especially in the leisure/hospitality sector, Parrish said.

“In the last two months, there has been a recovery of nearly 140,000 jobs,” he said.

Parrish said despite the loss of more than 300,000 former jobs, Florida employers still face a “workforce crisis as we work our way back to pre-COVID numbers” because they are finding it difficult to fill new positions.

“Currently, we have 545,200 jobs looking for people, an increase from last month’s 528,300, and 530,000 people still looking for jobs – simply not enough Floridians with the proper skills to fill in the gaps,” Parrish said, citing last week’s unemployment figures posted by the U.S. Bureau of Labor that said Florida’s unemployment rate was 5.1%, more than 1.2% higher than February 2020.

Florida’s June unemployment rate was 5%, reflecting that an estimated 523,000 Floridians qualified as unemployed from a workforce of 10.398 million. That rate was 5.1% in July with 530,000 qualifying as unemployed.

State officials, repeatedly pointing to businesses struggling to find workers, in June reinstated a “work search” rule that requires people claiming unemployment benefits to apply for five jobs a week.

Gov. Ron DeSantis also suspended Florida’s participation in a federal program that offered $300 a week to unemployed people on top of the maximum $275 a week in state benefits.

The fact that “the unemployment rate is going up just means more people are looking forward jobs,” Parrish said, noting the rate “is not something to worry about” because, in the grand scheme of things, Florida is expecting 4 million new residents who will create the need to

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NEW DELHI: A study on the impact of coronavirus on tourism conducted by the National Council of Applied Economic Research has reported that the pandemic caused “significant” jobs losses in the tourism sector after the lockdown was implemented.
On opening day of Parliament, the tourism ministry referenced the NCAER report in response to a question raised by Lok Sabha MPs Ramesh Kaushik and Raju Bista in which it said 14.5 million jobs were lost during the first quarter, followed by 5.2 million jobs during the second quarter and another 1.8 million jobs during the third quarter of 20-21, after the lockdown was imposed.
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The NCAER report, a draft of which has been approved by the tourism ministry, has not been published yet. The sponsored study resulted in an analytical report that used mathematical models to assess the loss to economy in terms of tourism expenditure, projects that total recovery may only happen in 3-4 years, assesses the loss to household incomes, and contains recommendations for the revival of the tourism sector.
The ministry engaged NCAER in January, 2021 to conduct a study on ‘India and the Coronavirus Pandemic: Economic Losses for Households Engaged in Tourism and Policies for Recovery’.
It also constituted a Task Force headed by the tourism minister to “meet the challenge posed by the outbreak of COVID 19 and make appropriate recommendations for the revival of the tourism and hospitality sector in the country”. However, no formal study was conducted to assess the State/UT-wise impact of Covid-19 on the tourism industry.
It also said Foreign Exchange Earnings (FEE) during the months between January and December 2020 fell by 76.3% in comparison to corresponding period in 2019.

India’s travel and tourism sector, which accounts for nearly 2.5% of the GDP, has made repeated appeals to the government seeking succour for travel and tourism businesses tottering on the brink of collapse due to the coronavirus pandemic.
From hotels to travel and tour operators and tour guides, representative bodies from the tourism sector have given multiple petitions to the government highlighting the deep financial stress caused by the pandemic on the travel and hospitality sector during 2020-21.
With the resultant impact on viability of tourism enterprises and jobs, FAITH, the federation of travel and hospitality businesses in the country, sought a waiver of statutory obligations and added that states should offer a 100% waiver, without penalties, to travel and hospitality businesses on all fixed electricity and utility charges, excise duties, property taxes, interstate tourist transport taxes, SGST waiver, and all local taxes.
The industry body also sought an automatic renewal of all licenses, permits, permissions due to expire in FY 2021-22 without any financial charges or penalties and an industry status for tourism travel and hospitality, and a refund of unutilised GST credit lying with them for the travel sector’s liquidity needs.
The sector’s response to the finance minister’s “bailout package” also failed to provide much cheer because businesses have said they need cash inflows to

In a new report, the American Hotel & Lodging Association (AHLA) is projecting that more than one in five U.S. hotel operations jobs — totaling nearly 500,000 positions — won’t return by the end of the year.

T0712ResortPass_C_HR [Credit: Courtesy of ResortPass]

Day pass sales

As hotels and resorts continue to look for ways to lure leisure and local travelers amid the pandemic, day passes have gained new relevance.

Citing data from Oxford Economics, AHLA estimates that in 2019, U.S. hotels employed more than 2.3 million people. By the end of this year, that number is expected to fall to 1.86 million.

The AHLA predicts that the industry won’t bounce back to 2019 employment levels until at least 2023. 

The job losses come amid an uneven recovery for the U.S. hospitality sector, with city hotels disproportionately affected by the pandemic. 

According to the AHLA, U.S. markets most severely impacted by Covid-related employment losses include the District of Columbia, where hotel operations jobs are expected to shrink by 43% by the end of 2021, and New York, where hotel jobs are predicted to contract by 38% over the same period.

In markets where domestic leisure travel demand has come roaring back, however, some hotels have struggled to fill open positions due to a widespread labor shortage. 

In response, the AHLA unveiled a new ad promoting hotel industry employment opportunities, touting competitive pay and flexible scheduling as well as highlighting the AHLA Foundation’s hiring portal.