As “social distancing” becomes the new norm, will online dating start to lose its appeal?
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You could say online dating — meeting people virtually while you decide whether or not to meet them in person — is already a form of “social distancing.”
Now that we’re in throes of COVID-19 and another form of social distancing has become best practice, what will become of Tinder, OkCupid and Bumble?
Thomas Jerin is pretty active in the world of online dating. He’s on Tinder and Grindr, and goes on one or two dates a week. But this week Jerin — who is 25 and lives in Oregon — canceled every date.
“I feel a little bit like Chicken Little for it, but I canceled that date,” Jerin said. “And then I had some things planned for this weekend that I’m canceling as we speak.”
Jerin is not telling people that he’s canceling because he’s worried about getting COVID-19. “I’m so ashamed to admit it,” he said.
Analysts say online dating apps are bound to take a hit.
“As the virus keeps spreading, that fear is going to increase,” said Ali Mogharabi, a senior equity analyst at Morningstar. “What that means for the company is higher churn and less growth in subscribers. I mean, you look at the stock and it’s certainly come down a lot.”
Dating apps are starting to make adjustments to the new reality. Tinder has canceled the international release of “Swipe Night” — a choose-your-own-adventure series that was scheduled to launch internationally this weekend. The company has also added a pop-up screen that reminds people to wash their hands and not touch their faces. In the long run, according to Mogharabi, dating apps are likely to remain profitable.
“In our opinion, after growth and the coronavirus cases plateau — or let’s just say slow down — you know, fears begin to subside,” Mogharabi said.
Until then, “Netflix and chill” might be something you want to do on your own.
COVID-19 Economy FAQs
Are states ready to roll out COVID-19 vaccines?
Claire Hannan, executive director of the nonprofit Association of Immunization Managers, which represents state health officials, said states have been making good progress in their preparations. And we could have several vaccines pretty soon. But states still need more funding, she said. Hannan doesn’t think a lack of additional funding would hold up distribution initially, but it could cause problems down the road. “It’s really worrisome that Congress may not pass funding or that there’s information circulating saying that states don’t need additional funding,” she said.
How is the service industry dealing with the return of coronavirus restrictions?
Without another round of something like the Paycheck Protection Program, which kept a lot of businesses afloat during the pandemic’s early stages, the outlook is bleak for places like restaurants. Some in the San Francisco Bay Area, for example, only got one week of indoor dining back before cases rose and restrictions went back into effect. Restaurant owners are revamping their business models in an effort to survive while waiting to see if they’ll be able to get more aid.
How are hospitals handling the nationwide surge in COVID-19 cases?
As the pandemic surges and more medical professionals themselves are coming down with COVID, nearly 1 in 5 hospitals in the country report having a critical shortage of staff, according to data from the Department of Health and Human Services. One of the knock-on effects of staff shortages is that people who have other medical needs are being asked to wait.
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