06/18/2020
FYI: THE SYNOPSIS IS FROM THE NY TIMES: AS DENTISTS GO, SO GOES THE RECOVERY
77% ~ the percentage of dentists who are now fully staffed again
Per the article: …“Dentist offices tend to stick around for decades, unlike restaurants that open and close frequently…(they) offer services with no clear substitute. If you need your teeth cleaned or a cavity filled, the dentist is the only option.
This makes them, in the eyes of some economists, the perfect barometer for gauging the country’s recovery from the shock of the pandemic.
The dental industry has weathered an exaggerated version of the pandemic’s economic effect, experiencing a steeper decline and a faster recovery than other sectors.
Half of all dental workers lost their jobs in March and April as states closed businesses to slow the virus’s spread.
The industry accounted for a staggering 35% of all health care jobs lost even though its workers make up just make up 6% of the industry. How long it takes those jobs to come back entirely will be a crucial indicator of whether Americans feel safe returning to normal.
An estimated 37% of dental offices received funding through the Paycheck Protection Program, meant to help small businesses keep workers on payroll…(those) that participated in the program were more likely to remain open than those that didn’t.”
A PERSONAL THOUGHT: We are in a good position as a reflection of the economy and general welfare of the country. How we do is a barometer of the recovery and how other businesses will be run. Dr. Donald Steinberg
