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Mark Weinstock | PACE UNIVERSITY

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News12 featured Economics Professor Mark Weinstock in "Unemployment rate falls to 13.3%"

06/08/2020

News12 featured Economics Professor Mark Weinstock in "Unemployment rate falls to 13.3%"

The U.S. unemployment rate fell to 13.3% in May from 14.7%, and 2.5 million jobs were added - a surprisingly positive reading in the midst of a recession that has paralyzed the economy in the wake of the viral pandemic. The May job gain suggests that businesses have quickly been recalling workers as states have reopened their economies. Pace Professor Mark Weinstock discusses …

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News12 featured Dyson Professor Mark Weinstock in "What's Next? Businesses, industries look ahead to better days"

05/11/2020

News12 featured Dyson Professor Mark Weinstock in "What's Next? Businesses, industries look ahead to better days"

It's leisure industries like that which Pace economics professor Mark Weinstock thinks will continue to do well as New York reopens for business. He adds that robotics, AI and information technology can do well too.

Among those that he's concerned about -- transportation and pre-COVID leisure activities like bowling, movies and Broadway shows.

Weinstock predicts bars and restaurants will do well as the state slowly reopens, saying people will be more than ready to leave the house.

Watch the News12 clip.