It will take several quarters yet for there to be genuine talk of reactivation. | EFE
July was a month of economic reactivation. So went a headline. Tourism had brought buoyancy to all sectors on the islands. Things were on the up, and just look at what last week’s Labour Force Survey had revealed - 60,300 more people in employment in the second quarter. From 502,000 people in work in the first quarter, the number had risen to 562,300. And what do you know? These 60,300 had all been on ERTE (furlough).