By Luke Pardue, economist with Gusto
Just as the U.S. economic recovery has been accelerating in recent months, a slowdown in COVID-19 vaccination rates and the emergence of the highly-transmissible “delta variant” present a new public health challenge and threaten continued economic growth. Platform data from Gusto—the payroll, benefits, and HR services platform for 100,000+ small businesses nationwide—shows public health and small business health are deeply connected.
Public health and the health of our economy go hand-in-hand. Gusto data shows a direct correlation between how states are faring against COVID-19 and the speed of small business employment growth since the beginning of June.
Read key takeaways from this new Gusto data report here.