Aug 20, 2020

Where did all the bikes go?

A person walks with a bike in New York City. The coronavirus pandemic battered bicycle manufacturing but boosted demand. Spencer Platt/Getty Images

There is a bike shortage, it's global and it's expected to go on for months. Also, Indeed online job postings are down about 20% compared to this time last year. And, hotels face mortgage delinquencies.

Segments From this episode

Last week we saw some progress when it comes to workers filing for unemployment. Will we see another improvement today?

It partially depends on how many jobs are actually available. Marketplace’s Mitchell Hartman reports.

weekly jobless claims
unemployment benefits

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COVID-19

With the slowdown in travel, many hotels are in a financial squeeze

by Justin Ho

Aug 20, 2020

Paying back debt is getting harder for hotel owners, according to research by Trepp.

Employees are ready to receive guests at a hotel in Las Vegas. The industry is struggling during the pandemic as many people have canceled travel plans.

David Becker/Getty Images

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COVID-19

Bike shortage is a tale of changed lives and disrupted supply chains

by Sabri Ben-Achour

Aug 20, 2020

Lockdowns put the brakes on production in Asia while boosting demand for use in exercise and commuting.

A person walks with a bike in New York City. The coronavirus pandemic battered bicycle manufacturing but boosted demand.

Spencer Platt/Getty Images

LISTEN

EMBED

Music from the episode

Love Will Tear Us Apart - 2020 Digital Remaster Joy Division

The team

David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Senior Producer, BBC

Jonathan Frewin Producer, BBC

Daniel Shin Producer

Jay Siebold Technical Director

Brian Allison Engineer

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Rose Conlon Producer

Alex Schroeder Producer

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