Quote from Ndubuisi Ekekwe on February 25, 2021, 7:45 PM

The efficiency in the American economy could be captured from the dynamics in its labour market. In weeks and months, the velocity of labour shows how markets are responding to any perturbation. Yet, the most painful is that workers are just numbers before companies.

Some big box retailers that have seen sales surge due to the pandemic are now pivoting for a future in which they see flatter revenue — and fewer employees. Best Buy is cutting jobs and hours in the expectation that interest in home entertainment will have faded by the middle of this year, as customers return to dining and eating out amid the rollout of vaccines. But, like retail behemoth Walmart, the electronics chain is also preparing for a longer-term shift to online buying.