California’s decision to ease pandemic-related business restrictions means amusement parks can open up again for the first time in a year. However the parks can only open up again at 25% capacity. Still it will be a boost to local tourism and related hospitality industries but unemployment remains a huge problem in the state. Leisure industry job losses made up the largest part of the state’s job market last year, accounting for 42% of California’s 1.25 million statewide jobs losses during the pandemic era.
When G7 Foreign and Development Ministers meet in London this week they will discuss investing $15 billion in developing countries in the next two years. This development fund will help women access jobs and build resilient businesses to combat the devastating economic impacts of COVID-19.