As the American economy enters its eighth year of post-recession growth, the unemployment rate continues to fall. In fact, May’s reported unemployment rate of 4.3% is the lowest in sixteen years, marking just how far we’ve come since a high-point of 10.0% in October 2009. Unfortunately, anecdotal evidence from workers and employers and a deeper dive into labor statistics indicate that, despite these improvements, structural issues remain. While concerns such as underemployment and reduced participation in the labor force remain problematic, perhaps the biggest issue for American jobseekers and businesses today is a growing gap between the skills companies seek and the abilities of the workforce. Known as the ‘skills gap,’ this asymmetry can have a damaging ripple effect that weighs on everything from individuals’ opportunities for employment to overall economic productivity.
Condor Capital Management’s 2016/17 Ski Season Wrap-Up: Ski Resorts Gear Up for a Multi-Pass Showdown
MARTINSVILLE, N.J., – (PR NEWSWIRE) – Although there are still some slopes to be conquered, many skiers and snowboarders can agree that the 2016/17 season turned out to be quite a success. According to Ken Schapiro of Condor Capital Management, resorts across the United States were able to benefit from a flurry of winter storms that arrived just in time for the holidays, translating to 30% and 4% increases of total skier visits from last season for the months of December and March, respectively. Overall, average resort snowfall increased 36% from last season. Accordingly, recent figures by the National Ski Areas Association (NSAA) showed that nationwide skier and snowboarder visits rose to 54.7 million, a 1.5% increase from 53.9 million during the 2015/16 season.
Technology has advanced rapidly since the advent of the internet. New platforms, such as Twitter, have become a huge disrupter to the traditional consumer shopping experience. How companies adapt to this new age of communication is reflective of their brand image, especially among an increasingly more interconnected population.