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Employers provide housing for workers in tight markets - March 18, 2022
Mortgage rates rose above 4% for the first time since 2019, compounding soaring housing costs for would-be homeowners. National realtor data shows that rents in popular tourist markets are outpacing workers’ wages, prompting a growing number of employers to build or buy apartments to rent to their employees. Employers who provide housing range from ski resorts in Colorado to the Dollywood theme park in Tennesse.
Moderna will join Pfizer in seeking U.S. appoval for a second booster shot, similarly stemming from data collected in the U.S. and Israel on the impacts of the omicron variant. In Hong Kong, the death rate is surpassing most of the world’s worst pandemic peaks at almost 300 deaths per day. The rate is overwhelming crematoriums and coffin-makers, who say they cannot keep up with the sudden spike.
Amazon has closed an $8.5 billion deal to buy MGM following nearly a year of regulatory hurdles. While Amazon Prime subscribers will likely be able to see the full MGM catalog, experts say the mergers will ultimately push prices higher for consumers while narrowing their choices. Betting that a growing streaming market could dampen profits, movie theater chain AMC announced it will diversify its business with a newly purchased stake in a mining company.
The Western U.S. is in for worsening drought this spring, according to the National Oceanic and Atmospheric Administration’s seasonal outlook. While central and eastern states should be mostly spared from significant flooding, the agency said spring is likely to be hotter and drier. Dry conditions will be particularly tough on California, which faces a third year of water restrictions in its second acute drought in less than a decade.
Finland was crowned the happiest country in the world for the fifth consecutive year, scoring significantly ahead of other countries in the World Happiness Report 2022 ranking. Denmark, Iceland, Switzerland and the Netherlands rounded out the top five in the report, while the U.S. moved up three places from 2021 to take 16th.
CONTENT FACTS.
https://turbinelabs.com/ (Turbine Labs) has tracked 14,552 media articles and blogs and 21,065 social media posts over the last 24 hours.
The next Turbine Labshttps://turbinelabs.com/future-of-work-briefing/ ( Leadership Briefing) will be delivered on Monday, March 21, at 9:30AM ET.
Questions or feedback? Don't hesitate to https://turbinelabs.com/contact-us/ (reach out) to us directly.
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By Turbine LabsMortgage rates rose above 4% for the first time since 2019, compounding soaring housing costs for would-be homeowners. National realtor data shows that rents in popular tourist markets are outpacing workers’ wages, prompting a growing number of employers to build or buy apartments to rent to their employees. Employers who provide housing range from ski resorts in Colorado to the Dollywood theme park in Tennesse.
Moderna will join Pfizer in seeking U.S. appoval for a second booster shot, similarly stemming from data collected in the U.S. and Israel on the impacts of the omicron variant. In Hong Kong, the death rate is surpassing most of the world’s worst pandemic peaks at almost 300 deaths per day. The rate is overwhelming crematoriums and coffin-makers, who say they cannot keep up with the sudden spike.
Amazon has closed an $8.5 billion deal to buy MGM following nearly a year of regulatory hurdles. While Amazon Prime subscribers will likely be able to see the full MGM catalog, experts say the mergers will ultimately push prices higher for consumers while narrowing their choices. Betting that a growing streaming market could dampen profits, movie theater chain AMC announced it will diversify its business with a newly purchased stake in a mining company.
The Western U.S. is in for worsening drought this spring, according to the National Oceanic and Atmospheric Administration’s seasonal outlook. While central and eastern states should be mostly spared from significant flooding, the agency said spring is likely to be hotter and drier. Dry conditions will be particularly tough on California, which faces a third year of water restrictions in its second acute drought in less than a decade.
Finland was crowned the happiest country in the world for the fifth consecutive year, scoring significantly ahead of other countries in the World Happiness Report 2022 ranking. Denmark, Iceland, Switzerland and the Netherlands rounded out the top five in the report, while the U.S. moved up three places from 2021 to take 16th.
CONTENT FACTS.
https://turbinelabs.com/ (Turbine Labs) has tracked 14,552 media articles and blogs and 21,065 social media posts over the last 24 hours.
The next Turbine Labshttps://turbinelabs.com/future-of-work-briefing/ ( Leadership Briefing) will be delivered on Monday, March 21, at 9:30AM ET.
Questions or feedback? Don't hesitate to https://turbinelabs.com/contact-us/ (reach out) to us directly.