SWC’s Fast Five
COVID laundry tips, the up and downs of jobs, the lingering grief of 9/11, another glass ceiling breaks which is great but, tick tock on diversity and inclusion, and Peloton buyers grow their off-bike workouts.
So, here’s this week’s Fast Five:
1 COVID-19 question of the week: How often should we wash our reusable face masks?
The Centers for Disease Control and Prevention guidelines recommend washing masks “regularly.” Alrighty then. Other experts were more specific about how, and how often, to wash face masks.
2 July JOLTS report: More people voluntarily quit their jobs and the number of unemployed people competing for a new job stayed high.
“More quits during the pandemic are probably a reflection of virus fear and challenges related to childcare given the current weak state of the labor market,” said Lydia Boussour, a senior U.S. economist at Oxford Economics in New York.
3 9/11 after 19 years
9/11 families say it’s important for the nation to pause and remember the hijacked-plane attacks that killed nearly 3,000 people at the trade center, the Pentagon in D.C., and near Shanksville, Penn., on Sept. 1, 2001, shaping American policy, perceptions of safety and daily life in places from airports to office buildings.
4 Citigroup’s president Jane Fraser becomes first-ever woman to lead a major U.S. bank.
She joins 31 women who already lead S&P 500 companies. “To have a female at the top of a large financial institution is a step forward, but it’s a baby step,” said Jacki Zehner, the first female trader to make partner inside Goldman Sachs Group, Inc. “Acknowledging that it’s never been true before, and it’s true now, is something to celebrate. That being said, it doesn’t mean that there’s systematic change. It represents one female.”
5 Peloton sales go thru the roof but is anyone actually riding theirs?
Is that a $2,000 bike in your house or a lovely clothes rack? Peloton says people are working out more – averaging 24.7 workouts per month, up from 12 the previous year, due in part from non-cycling workouts. What?!