Service center

‘Workers want to see respect’: A look at Milwaukee’s service industry crisis | WUWM 89.7 FM

Jobs in food service, janitorial work, security services, and human and health services often have unpredictable hours, lack health care benefits, or pay low wages. COWS, a research and policy center at the University of Wisconsin-Madison, released a report outlining the barriers workers face in the service sector. Laura Dresser helped write the report. She […]

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MLB deals a blow to businesses weakened by the pandemic in Wrigleyville – NBC Chicago

MLB deals another blow to Wrigleyville businesses originally appeared on NBC Sports Chicago Barstools were stacked and lights were off, but a faint sign of movement at the back of the bar was visible through the Clark Street window early Wednesday evening. After a few knocks on the window, a man who identified himself as […]

Uncategorized

Lesbian bars are popping up all over the country

For years people have mourned the slow death of the lesbian bar. There are only three left in New York, according to the Lesbian bar project, and less than two dozen in total in the United States. The toll of the pandemic on the service sector has not helped. Many LGBTQ institutions closed to patrons […]

Service sector

China introduces support measures for struggling service sector

Chinese regulators on Friday introduced measures to support the country’s service sector, a persistent lag in its pandemic recovery, as the economy faces renewed downward pressure. Led by the country’s state planner, the authorities have rolled out a series of measures, including tax breaks and additional financial support for struggling companies in the service sector. […]

Service sector

Beijing to deepen opening-up efforts in service sector

Beijing will further deepen its efforts to open up in the service sector and make cross-border trade more convenient based on the achievements from the capital’s “two-zone” construction project, officials said on Feb. 10. The two zones are a demonstration zone for the service industry in the capital, approved by the central government in 2015, […]

Service sector

Services sector rebounds in January as Omicron curbs easing

The UK’s service sector recovery gained momentum last month as restrictions on Omicron coronaviruses and the number of cases fell, new figures show. The closely watched IHS Markit CIPS UK Services PMI survey scored 54.1 in January, rebounding from a 10-month low of 53.6 in December. Any score above 50 indicates growth in the sector. […]

Service sector

India’s services sector PMI slows to 51.5, composite PMI to 53 in January

India’s service sector output was recorded at 51.5 in January, down significantly from 55.5 in December. IHS Markit in its report said the overall figure indicated the slowest expansion in the current six-month growth streak. Meanwhile, the composite PMI output fell from 56.4 in December to 53.0 in January, the slowest rate of expansion in […]

Service sector

Japan’s service sector shrinks at fastest pace in 5 months – PMI

Customers eat lunch at restaurants next to a record store which has a large poster on its wall in Tokyo, Japan, July 4, 2018. REUTERS/Kim Kyung-Hoon Join now for FREE unlimited access to Reuters.com Register TOKYO, Feb 3 (Reuters) – Japan’s service sector activity contracted at the fastest pace in five months in January, a […]

Service sector

Services sector most affected due to Covid; Financial and housing rebound to pre-pandemic levels: economic survey

New Delhi: Minister of Finance of the Union Nirmala Sitharaman filed the Economic survey 2021-22 in Lok Sabha before Union budget Monday. The economic survey said the services sector has been hardest hit due to the Covid-19 pandemic, but financial, real estate and professional services have now recovered and are back to where they were […]

Service sector

UK services sector slumps to lowest level in ten months following Omicron impact

Service providers in the UK faced a tough December as the Covid-19 Omicron variant led to a sharp drop in spending on face-to-face consumer services due to commercial uncertainty and staff absences. As a result, commercial activity at the end of 2021 was the weakest since the rebound in containment measures that began last spring. […]

Service sector

Gold Price Unable to Cut Fed-Related Losses Despite U.S. Services Sector Failing to Meet Expectations

(Kitco News) Gold was trading near daily lows as momentum in the services sector was weaker than expected in December, according to the latest data from the Institute of Supply Management (ISM). The non-manufacturing purchasing managers’ index was at 62% last month, down from November’s all-time high of 69.1%. The 7.1 percentage […]

Service sector

India’s services sector sees weak expansion in December; Services PMI falls to 3-month low

India’s seasonally adjusted index of services business activity fell to a low of 55.5 in December, according to IHS Markit, from 58.1 the previous month. India’s services sector experienced slow expansion in December, with the services PMI falling to its lowest level in three months, continuing the trend of a bumpy year, according to a […]

Service sector

Growth in Japan’s service sector activity slows in December – PMI

People sit at a restaurant using plexiglass dividers to protect customers from the coronavirus disease (COVID-19) in the Shibuya area of ​​Tokyo, Japan, July 29, 2021. REUTERS/Androniki Christodoulou Join now for FREE unlimited access to Reuters.com Register TOKYO, Jan 6 (Reuters) – Activity in Japan’s service sector slowed in December as growth in new and […]

Service sector

Services Sector and Composite PMIs Offer EUR Support Despite Service Sector Struggles

It was another busy economic calendar for the Eurozone this morning. The Member State and Eurozone services sector and composite PMIs were in focus. Member States For Spain, the services PMI fell from 59.8 to 55.8 vs. 57.5 forecast. Service sector activity in Italy also saw a slowdown in growth, with the PMI index falling […]

Service sector

The mood of the service sector is improving | The star

TOKYO: Japan’s service sector sentiment improved to a two-year high, but manufacturers’ recovery has stalled, according to a closely watched central bank survey – a sign that rising material costs raw weighed on the recovery of the economy after the pandemic. Major companies expect conditions to deteriorate going forward as high fuel prices and a […]

Service sector

Caution is in order as the economic recovery is led by the service sector while manufacturing stagnates

The service sector is driving the continued economic recovery as manufacturers grapple with ongoing supply chain issues. The Natwest Yorkshire and Humber Business Activity Index showed continued strong growth – the strongest for five months – but those behind the analysis said it masked stagnant output. Inflation is also soaring as prices have risen at […]

Service sector

The mood of the services sector in Japan is improving; omicron and cloud prospects rising costs

Japan’s service sector sentiment improved to a two-year high but manufacturers’ recovery stalled, a closely watched central bank survey showed, a sign that rising commodity costs weighed on the recovery of the economy after the pandemic. Major companies expect conditions to deteriorate going forward as high fuel prices and a weak yen drive up import […]

Service sector

Furloughed workers drop by more than 6,000 as service sector improves

Taipei, Dec 8 (CNA) The number of workers on formal furlough schemes in Taiwan fell from more than 6,000 in a week to less than 20,000 as the service sector improved further amid the easing concerns over nationally transmitted COVID-19 cases, the Ministry of Labor (MOL) said on Wednesday Data compiled by the Department of […]

Service sector

Bagmati Province Shares About Half of Nepal’s GDP Service Sector Revenue – myRepublica

KATHMANDU, December 3: About half of Nepal’s service sector transactions take place in Bagmati province, where the country’s federal capital, Kathmandu, is located. According to a Nepal Rastra Bank (NRB) study report, Bagmati Province contributed 46.7% of the service sector revenue to the country’s GDP (measured at current prices) in 2020/21. The rise in services […]

Service sector

UK services sector continues strong rebound despite supply chain issues

UK services sector continues strong rebound despite supply chain issues causing record price rises Travel bookings and spending by foreign tourists boosted the services sector Supply chain issues increase the cost of raw materials, energy and freight Optimism about expanding business activity fell to its lowest level in a year By Harry Wise Because it’s […]

Service sector

US services sector activity indicator hits record high in November – ISM survey

Customers drink and dine inside the ‘Martha’ restaurant after showing proof of their coronavirus disease (COVID-19) vaccinations before entering, in Philadelphia, Pennsylvania, U.S. August 7, 2021 REUTERS/Hannah Beier Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Dec 3 (Reuters) – A measure of U.S. service industry activity unexpectedly rose in November, hitting a […]

Service sector

UK service sector boosted by export sales and new business growth

Prices charged by companies in the service sector rose at a record pace during the period thanks to soaring inflation, rising fuel prices and rising wages. Photo: Stu Forster/Getty The UK saw a strong pick-up in activity in the services sector in November, boosted by a sharp rise in exports and growth in new businesses. […]

Service sector

US service sector growth hits new highs in November – Orange County Register

Growth in the service sector, where most Americans work, hit a record high in November, topping a record set the previous month. The Institute for Supply Management reported Friday that its monthly survey of service industries rose 2.4 percentage points in November from October’s record high of 69.1%. Any reading above 50 indicates growth. The […]

Service sector

Japan’s Service Sector Activity Grows at Fastest Pace in 2 Years | Investment News

TOKYO (Reuters) – Japan’s service sector activity grew at the fastest pace in more than two years in November on the back of a jump in new business, signaling stronger consumer confidence as the coronavirus pandemic s soothed. The world’s third-largest economy has lagged other advanced nations in its recovery from the pandemic’s hit with […]

Service sector

Services sector continues recovery in quarter to November, but costs see record growth – CBI

Optimism has improved for businesses in the services sector in the three months to November, according to the latest CBI services sector survey. However, cost growth in both subsectors continued to accelerate, advancing at the fastest rate since surveys began in 1998. . For business services firms and professional services firms, sentiment about business conditions […]

Service sector

UK service sector continues to grow as costs rise at record pace

Consumer services and business and professional services have seen their costs rise at the fastest rate in the history of the survey, which began in 1998. Photo: Mark Case/Getty Images Optimism continued to improve in the UK services sector in the three months to November, despite costs growing at the fastest pace since records began. […]

Service sector

US service sector employment hit record highs in October

With shipping delays worsening and cargo backing up at ports in Los Angeles County, authorities are beginning to use freight trains to alleviate the problem. U.S. service-sector jobs hit record highs in October despite ongoing supply chain issues across the country. According to the Institute for Supply Management Wednesday report, service industries — which include […]

Service sector

US Services Sector Index Reaches Record High in October; worsening shortages – ISM survey | Investment News

WASHINGTON (Reuters) – A measure of U.S. service industry activity hit a record high in October, likely as falling COVID-19 cases boosted demand, but businesses remained burdened by tight supply chains and the resulting exorbitant prices. The Institute for Supply Management said Wednesday that its non-manufacturing activity index reached 66.7 last month. It was the […]

Service sector

Japan’s service sector activity increases for the first time during the pandemic

People walk at a railroad crossing in Shibuya shopping district amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan August 7, 2021. REUTERS/Androniki Christodoulou Join now for FREE unlimited access to Reuters.com Register TOKYO, Nov 4 (Reuters) – Japan’s services sector activity rose for the first time in 21 months in October as consumer confidence […]

Service sector

Japan’s service sector activity increases for the first time during the pandemic | Investment News

TOKYO (Reuters) – Japan’s services sector activity rose for the first time in 21 months in October as consumer confidence rebounded after the end of the coronavirus pandemic, providing a broad-based boost to Requirement. In September, the government ended state of emergency restrictions to contain the health crisis, as new cases and deaths declined rapidly […]

Service sector

U.S. service sector grows at record pace in October

The rate of expansion of the service sector in the United States, where most Americans work, hit a record high in October as demand remained strong even as supply chain issues persisted. Through MATT OTT AP Business Writer November 3, 2021, 2:55 p.m. • 2 minute read Share on FacebookShare on TwitterEmail this article SILVER […]

Service sector

Growth in the services sector in France in October offset by the weakness of the manufacturing sector – PMI

PARIS, October 22 (Reuters) – Growth in France’s dominant services sector has been offset by weakness in manufacturers, a monthly survey showed on Friday, as supply chain issues plagued businesses. IHS Markit said its October services sector flash PMI for France rose to 56.6 from 56.2 in September, beating market forecasts of 55.5. However, October’s […]

Service sector

UK Flash PMI signals economy supported by service sector

bankkgraphie/iStock via Getty Images Flash PMI data shows the UK economy picking up speed in October. However, the expansion seems increasingly dependent on the service sector, which in turn seems subject to a slowdown amid the recent increase in COVID-19 cases, and has been accompanied by an unprecedented increase in business costs, which led to […]

Service sector

Small signs of growth in the U.S. service sector could help supply lines

Getty Images Getty Images Key points to remember: Stocks live up to their roller coaster reputation Is the service sector ready to take off? Transportation stocks struggle to get back on the road Wall Street appears to be living up to its reputation as a rollercoaster as stock futures point to a weaker open after […]

Service sector

Services sector activity in the United States increased slightly in September; shortages persist – ISM survey

A trader wearing a protective mask walks, as the global outbreak of the coronavirus disease (COVID-19) continues, at the New York Stock Exchange (NYSE) in the financial district of New York, United States, 19 November 2020. REUTERS/ Shannon Stapleton Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Oct 5 (Reuters) – U.S. service […]

Service sector

UK service sector hikes prices and sees supply chain hit by new orders

UK service sector businesses raised prices at a record pace last month as they battled mounting cost pressure and a slump in new orders due to shortages of supply and staff, according to news reports. figures. The closely watched IHS Markit CIPS UK Services PMI survey found new order growth weakened for the fourth month […]

Service sector

Opinion: Stable GDP numbers hide welcome signs of service sector recovery

The service sector is back, according to Canadian gross domestic product statistics last week.Graham Hughes/The Canadian Press Last week’s Canadian gross domestic product statistics, lackluster as they are, do not signal a recovery on the rocks. Growth doesn’t stand still, it evolves – in a very important and encouraging way. The service sector is back. […]

Service sector

MyFledge Group of Institutes Bridges Skills Gap in Indian Service Sector; becomes a new provider of career-focused training

The pandemic has reminded the world of how easily technology replaces labor. A highly skilled workforce with a complex set of technical, functional and behavioral skills can easily navigate through career uncertainties. Improving the skills of employable young people is the need of the hour. The scenic growth of the tourism sector in countries like […]

Service sector

MyFledge Group of Institutes Closes Skills Gap in Service Industry and Becomes a Provider of Career-Based Training

The pandemic has reminded the world how easily the workforce is replaced by technology. A highly skilled workforce with a complex set of technical, functional and behavioral skills can easily navigate the uncertainties of their career. Improving the skills of employable youth is the need of the moment. The panoramic growth of the tourism sector […]

Service sector

Sector focus: service sector | CCR

The latest insights from the CBI Economics Industry Trends Survey. Sep 06, 2021, 3 min read Services sector split on outlook Optimism among companies in the services sector was mixed in the three months to August, according to the CBI’s latest quarterly services sector survey. While sentiment about the general business situation continued to improve […]

Service sector

COVID pandemic spurs rise of automation to fill service sector jobs – CBS San Francisco

LOS ANGELES (CBS/AP) – Ask for a roast beef sandwich at an Arby’s drive-thru in east Los Angeles and you might speak to Tori – an artificially intelligent voice assistant who will take your order and l will send to line cooks. “That doesn’t call for sick,” says Amir Siddiqi, whose family installed the voice […]

Service sector

Services sector grew fastest in August, after 18 months

India’s crucial service sectors are making a comeback in August, with business accelerating the fastest in the past 18 months. It comes after the pandemic appears to be subsiding, vaccination is ramping up and restrictions are lifted across the country, a survey reports. India’s services business activity index stood above 50 in August for the […]

Service sector

Japan’s services sector activity in August contracts at fastest pace since May 2020 – PMI

Pedestrians wearing protective masks amid the coronavirus disease (COVID-19) outbreak walk on a street in Tokyo, Japan, February 2, 2021. REUTERS/Kim Kyung-Hoon/File Photo Join now for FREE unlimited access to Reuters.com Register TOKYO, Sept 3 (Reuters) – Japan’s service sector activity contracted at the fastest pace in more than a year in August as a […]

Service sector

TIME OUT: The service sector continues to strengthen | Lifestyles

Today I’m going to talk with you about a topic that you’ve already been aware of since we started chasing this dreaded COVID-19 bug out of the room. Without a doubt, the deadly virus has caused incredible health problems all over planet Earth, and Our City has certainly been no exception. Many of us have […]

Service sector

Goldman Sachs Cuts U.S. Growth Outlook Due to Service Sector Weakness

A number of categories in the service sector, including live entertainment, are still quite depressed and the transition to the office is faltering, so the U.S. economy will not be as robust this year as expected, investors said Monday. Goldman Sachs economists. Accordingly, Goldman GS, -2.03% lowered its GDP forecast by one percentage point in […]

Service sector

Services Sector Business Activity Increases in New York Area – New York Fed Survey

A family enjoys dinner at a restaurant during the outbreak of the coronavirus disease (COVID-19) in the Manhattan borough of New York, New York, U.S., March 25, 2021. REUTERS/Jeenah Moon Join now for FREE unlimited access to Reuters.com Register July 16 (Reuters) – New York-area service-sector businesses saw a further uptick in activity in early […]

Service sector

Shifting sands of recovery blur the path for the services sector | Service sector

Without a fuss, the UK financial services sector has returned to pre-pandemic levels and even added two percentage points of growth since February 2020, official figures showed last week. Banks and insurance companies may have reduced their workforces, but customers continued to borrow and save, making the sector one of the few to have exceeded […]

Service sector

US service sector activity cooled in June; employment measurement contracts – ISM survey

WASHINGTON, July 6 (Reuters) – U.S. service-sector activity grew at a subdued pace in June, likely dampened by labor and raw material shortages, leading to a buildup continues unfinished work. The Institute for Supply Management said on Tuesday its non-manufacturing activity index fell to 60.1 last month from 64.0 in May, which was the highest […]

Service sector

Japan’s service sector activity contracts for 17th month as recovery stalls

TOKYO, July 5 (Reuters) – Japan’s services sector activity shrank for the 17th straight month in June as the coronavirus dampened domestic and foreign demand, underscoring the sluggishness of the world’s third-largest economy. The decline in the services industry has kept overall private sector activity contracting for a second month, a sign that the country’s […]

Service sector

Inflation in the services sector at its highest since 1996

New figures suggest Britain is on track for a “breathtaking” jump in gross domestic product growth this quarter, experts say. The latest closely watched IHS Markit/CIPS Purchasing Managers’ Index showed growth in the recently reopened services sector rose at the fastest pace in 24 months in May. But, as many consumers and businesses will have […]

Service sector

PMI – The New Indian Express

Through PTI NEW DELHI: India’s service sector business slumped into contractionary territory for the first time in eight months amid further declines in new jobs due to the escalating pandemic and the reintroduction of restrictions , a monthly survey said on Thursday. India’s seasonally adjusted index of service business activity fell to 46.4 in May […]

Service sector

Prices are rising widely in the massive service sector and companies are able to pass on these higher prices

The whole mentality has changed. By Wolf Richter for WOLF STREET. Services represent about two-thirds of the economy. During the pandemic, discretionary services such as travel and entertainment have been hit hard, and consumer spending on services in February was still down 5.2% from a year ago. But the services sector is huge, ranging from […]

Service sector

The services sector is the key to economic recovery after the coronavirus

Wall Street’s most optimistic economic forecasts hinge on a simple prediction: everyone will soon be returning to their local gyms, bars and yoga studios as if the pandemic is a thing of the past. A job boom in the vast service sector in the United States – the country’s largest employer, including software developers and […]

Service sector

COVID-19 service sector job cuts expected to hit younger workers harder

A Boston restaurateur inspects his empty establishment. (Craig F. Walker/The Boston Globe via Getty Images) COVID-19 and the coronavirus that causes it are not only a public health crisis but also a economic. With calls for social distancing, service sector jobs that depend on customer-supplier interactions or involve the gathering of large numbers of people […]