RestoreYourEconomy is your resource for up-to-date information related to COVID-19 and its economic impacts. It is managed by the International Economic Development Council (IEDC) with generous support from the U.S. Economic Development Administration and IEDC's Economic Development Research Partners program.
If you have a resource or example of an effective strategy in your community that would be helpful to other EDOs in responding to COVID-19, let us know using the Contact Form to share your story.
On Tuesday, September 15, JFF (formerly Jobs for the Future) teamed up with XPRIZE and New Profit to discuss working with workforce boards, American job centers, and the US workforce system. The conversation was the third installment in a series of webinars discussing the United States’ workforce systems. The discussion centered around Career One-Stop Centers and innovative workforce boards.
Supporting diverse small businesses is vital to economic recovery and maintaining quality of life. Yet, many of these micro-businesses are in industries most affected by the pandemic shutdowns—services and restaurants—and further, tend to be disproportionately owned by minorities.
Since the community lockdowns started in early March, we have seen Memorial Day, Independence Day, and Labor Day, three of the major US holidays, come and go during times of crowd restriction, social distancing protocol, or quarantine. With summer holidays and vacations now in the rear-view, the next few months will bring more major holidays and potential for travel including spring break season in 2021. New strategies for health and safety are going to be of the utmost importance moving forward.
The Center for an Urban Future hosted a webinar titled “Laying the Groundwork for Tourism Recovery in NYC” on Wednesday, September 9, in which representatives from New York City and international urban centers discussed tourism recovery efforts during and after the pandemic. This webinar featured two panels, one which focused on efforts from big cities around the world, and one which addressed specific actions New York city could take to combat the economic crises in the tourism industry.