Question

In: Economics

Each week you must submit an annotated bibliography. Entries of current events relating to the economic...

Each week you must submit an annotated bibliography. Entries of current events relating to the economic concepts and the impact on the company or the industry of your company. You must use acceptable sources that would be acceptable in a business setting (blogs do not count). In addition, to the annotation, include a summary paragraph connecting how the economics will impact the company presently or moving forward.

A rubric is found in (LMS).

Solutions

Expert Solution

Answer:Covid-19 pandemic is not only a health crisis but it also become economic one.Only solution from protecting this pandemic is social distancing.But there are millions of jobs in market which only thrive on social interaction, known as service sector.Employee of this industry are at high risk of lay off.

In US its a national emergency and people still dying here.There is a great unknowness about implication of this pandemic.Service industry mostly have young prople as a employee and their aerage salary is less than other indusries.This section of society is high risk of lay off due to pandemic crisis.


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