I’ve found all the talk about a jobs recovery to be very premature. The people quickest to be laid off or furloughed were in restaurants or other service jobs that were quickest to be rehired, but there’s clearly lasting economic repercussions from Covid that will now hit other industries that could afford to tread water for a few months but now feeling the impacts of increased debt that they took on to ride the storm and/or prolonged suppression of demand