An Opportunity for Labor Day
This year has been a strange one.
Instead of focusing on how much has been changed by the pandemic, Bhushan Sethi of PwC encourages us to see the opportunity created:1
“Above all, the pandemic has shown the power we can generate if we all – business, governments, and society at large – pull together. It has reinforced the case for a new normal where economic activity and societal needs are aligned. The creation of ‘good jobs’ [jobs that are paid fairly, reasonably secure, motivating, and skills-oriented] should be a priority in this new world…If achieved, business will benefit from higher productivity, society will benefit from better use of resources, and people can be more fulfilled.”
It may not seem like there’s much to celebrate this Labor Day as the United States started 2020 by experiencing its strongest labor market in 60 years. Then, COVID-19 began to spread. Businesses closed to flatten the curve and jobs were lost, some permanently.2
As Americans, we have opportunities to shape the world around us. If you would like to talk about the opportunities we see in the world, give us a call.
Happy Labor Day!
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Sources:
Securities offered through Cetera Advisor Networks, Member FINRA/SIPC.
This material was prepared by Carson Coaching. Carson Coaching is not affiliated with the named broker/dealer or firm.