Guam Economist: No return to normal after the pandemic

[TexasTowelie]

Bank of Guam chief economist Joe Bradley spoke about the island’s economy Wednesday during a meeting of the Rotary Club of Northern Guam at the Hilton’s Fisherman’s Cove.

Bradley spoke about the state of Guam’s economy and how it has been affected by the pandemic.

Topics ranged from unemployment to tourism and supply chain disruptions.

Bradley said that 40% of Guam’s economy depends on tourism and that currently, people are less likely to return to their former employers because employers are not paying enough.

He says that in his opinion, Guam’s economy will not return to normal after the pandemic.

Read more: https://www.pncguam.com/economist-no-return-to-normal-after-the-pandemic/
(Pacific News Center)

[msongs]

1. highly dependent on tourists from japan, not many mainland americans go there nt