The US Global economic picture is shifting mightily, both due to the pandemic and to technologies ongoing effect of all industries in all ways. Change is inevitable. The unemployment rate across the land is making turtle strides away from it’s pandemic abyss. Nonetheless strides they are. The US Bureau of Labor and Statistics notes that the numbers did improve from April to March, less so from March to June. However, a real return to a pre-pandemic norm is not to be expected for some months to come. In the meanwhile, people must live, eat and work. And where will the new manufacturing jobs be? Pundits have an answer. These pundits look at the major drivers of success in various cities to come up with their crystal ball prognostics. Some places that are expected to bloom mightily in the economy of the future include Schenzhen, China. Other winners include, Atlanta, Georgia, Kochi, India, Sacramento, California and Toronto, Canada.
- Global economics is getting a giant-sized facelift and shift, largely due to Covid and technology.
- The US Bureau of Labor and Statistics notes that though the numbers for unemployment did not shift much at all in March, they were nonetheless a big improvement over stats seen in April.
- It should be a while yet, though, per the Bureau, before numbers get to their pre-pandemic best.
“As a result of the pandemic, many employees today have more freedom to choose where they live and work, causing a mass exodus from metropolitan areas like London, New York and Silicon Valley.”