Economy Opening Too Quickly

America is opening up, with Google planning to open their headquarters to full capacity by September. However, some employees are concerned about their re-opening plans. Some people are concerned about the United States re-opening way too rapidly. Initially, the United States anticipated that the economy would open to full capacity by 2023.

Many Americans are concerned that “There really are risks out there”, according to Yahoo Finance. With Boston opening up their restaurants, many are concerned that the numbers of cases and deaths would rise in the next couple of weeks. However, many of the states, with the number of vaccinated increasing, decided to lift many of the regulations they had in place. From Texas opening up to full capacity, to many other states following by extending business hours for small businesses, it seems that the economy is slowly, but surely, recovering.

It is anticipated that the job market would loosen up and about 1 million jobs would be open by the end of the year. This is good news for people who are looking for job positions and those who have lost their jobs due to the pandemic. Furthermore, this is good news for small business owners who have been hit hard by the pandemic. There were many business owners who have had to close their businesses for good due to the lack of customers. For those who were able to sustain their businesses throughout the declining economy and customers, this could come to their advantage.

I feel that as long as states are managing this situation on a local basis and re-opening those counties on a situational basis, it could serve as an advantage to the economy. However, being swayed by the public could cause a huge threat to the overall case counts and hospitalization rates to not only the state and country, but the whole world. This situation should be monitored carefully and should be taken in a more conservative approach.

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