The camping industry is going to be hit hard
Just think of all the unsold units in stock. Also think of all the for sale by owner units out there. Now factor in the individuals who won't have any income or expendable cash for a while. It will ...
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90% still working? Maybe if one ignores the fact that unemployment offices can't keep up, that "unemployment" doesn't factor in business owners who are out of business, that unemployment is a lagging indicator, and that "unemployment" doesn't reflect "underemployment" or reduced hours.
Let me pick 10 folks in my family and friends;
M, T, C, and J: Yep, this 40% is still working (either government or quasi-government employees), although remotely or in the case of C, at a base 37.5 hours per week vs. the 37.5 + 25 OT that normally takes place in his work.
L, K, and D: All completely out of work (hunting guide...hunting is banned for out-of-staters; waitress, and bartender)
T2, L2, and R: Working at about 10% (T2 is an export ship loader, not much of that happening now, his hours and pay is reduced to that 10%; L2 is a flight attendant, her airline is now flying at about 30% of what it was...she made it through the 30%, then 50% cuts but not now; has had 4 trips since about Mar. 20; R is a process server...since the courts are essentially shut down except for criminal matters, he's basically S.O.L. although he's had some FED work, but that will end with the next ban scheduled for 5:00 this afternoon).
...and all of the above have kids to support, mortgages to pay, and retirements to build.
Let me pick 10 folks in my family and friends;
M, T, C, and J: Yep, this 40% is still working (either government or quasi-government employees), although remotely or in the case of C, at a base 37.5 hours per week vs. the 37.5 + 25 OT that normally takes place in his work.
L, K, and D: All completely out of work (hunting guide...hunting is banned for out-of-staters; waitress, and bartender)
T2, L2, and R: Working at about 10% (T2 is an export ship loader, not much of that happening now, his hours and pay is reduced to that 10%; L2 is a flight attendant, her airline is now flying at about 30% of what it was...she made it through the 30%, then 50% cuts but not now; has had 4 trips since about Mar. 20; R is a process server...since the courts are essentially shut down except for criminal matters, he's basically S.O.L. although he's had some FED work, but that will end with the next ban scheduled for 5:00 this afternoon).
...and all of the above have kids to support, mortgages to pay, and retirements to build.
