Why the job market is in for a long and bumpy recovery
As David Spatafore looks at the COVID-19-depressed economy, he sees good times just ahead. "Our plan right now is kind of shooting for summertime to be like the Roaring '20s," said the owner of San Diego restaurant company Blue Bridge Hospitality. Pent-up demand after almost a year of social distancing and lockdowns has created a big reservoir of consumer demand, he thinks, and hungry ...
by Don Lee and Christopher Rugaber, Los Angeles Times
Feb 05, 2021
4 minutes
As David Spatafore looks at the COVID-19-depressed economy, he sees good times just ahead.
"Our plan right now is kind of shooting for summertime to be like the Roaring '20s," said the owner of San Diego restaurant company Blue Bridge Hospitality.
Pent-up demand after almost a year of social distancing and lockdowns has created a big reservoir of consumer demand, he thinks, and hungry customers will soon come surging back.
But there's a catch: Spatafore doesn't expect to hire back all of the almost 400 employees he had at the peak of his business before the new coronavrius struck.
Many economists agree with Spatafore — on both counts: the revival of the economy by Labor Day, but
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