TokyoTokyo Mon - Fri 10:00-18:00 +81 (368) 662-975
info@mountequitygroup.com

Strong economy colliding with omicron variant, surge in covid cases

Mount Equity Group Tokyo, Japan > News > Markets > Strong economy colliding with omicron variant, surge in covid cases

It’s particularly challenging timing for the restaurant industry, which is also dealing with massive worker shortages and food inflation, said Sean Kennedy, executive vice president of public affairs for the National Restaurant Association. Already, 90,000 restaurants have closed permanently or long-term, with another 200,000 restaurants still hoping to get pandemic relief money from the federal government.

Read more…