Job market seen somewhat weaker in August, as rehiring slowed and layoffs continued

As Phase One of reopening begins in Northern Virginia today, a waiter in a face mask to protect against the coronavirus (COVID-19) carries food to diners seated outdoors at a restaurant in Alexandria, Virginia, May 29, 2020.

Kevin Lamarque | Reuters

The pace of rehiring is expected to have slowed in August, and the economy likely added fewer jobs than in July as workers continue to be laid off.

Economists expect 1.32 million jobs were added in August, and that the unemployment rate fell to 9.8%, according to a Dow Jones survey. That compares to 1.76 million job gains in July and an unemployment rate of 10.2%. The August employment report is expected to be released at 8:30 a.m ET Friday.

“Retail spending and durable goods orders are up. The economy is progressing,” said Chris Rupkey, chief financial economist at MUFG Union Bank. “If that is the case, the labor

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Venminder Virtual 3-Day Bootcamp Shows High Demand for Continued Education in Third-Party Risk Management

Venminder, an industry recognized provider of third-party risk management solutions, announced that they have received a record breaking number of registrants for its upcoming three-day Third-Party Risk Management Bootcamp.

ELIZABETHTOWN, Ky., Sept. 4, 2020 /PRNewswire-PRWeb/ — Venminder, an industry recognized provider of third-party risk management solutions, announced that they have received a record breaking number of registrants for its upcoming three-day Third-Party Risk Management Bootcamp. The event is scheduled to be held online September 8-10, with 2-hour sessions each day. The bootcamp is CPE credit eligible and designed for those responsible for or involved in third-party risk and is structured to cover the latest trends while also showing participants exactly how to accomplish some of the most challenging vendor risk management tasks.

“Running a vendor risk management program in a non-pandemic environment already requires a large amount of resources to assess, manage and mitigate the risk,” said James

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Music education supplier faces continued slowdown, uncertainty around school openings

Tobias Rehm/https://www.flickr.com/photos/[email protected]/ CC-BY

A Wauwatosa-based supplier of music education resources is facing a sales slowdown as educators grapple with how to teach music during the COVID-19 pandemic. 

When schools closed in the spring, Plank Road Publishing saw a significant decline in sales, according to owner Teresa Jennings. Although business has picked up again in more recent months, she says “it continues to be very hand-to-mouth.” 

In a recent interview, she said the uncertainty surrounding this school year and whether students will be instructed in-person has been a drag on her company.

“Most of the music we produce is for classroom and performance purposes,” she told WisBusiness.com. “If there are no programs, concerts, performances or gatherings, the need for our resources is diminished.” 

Plus, health experts have identified singing and playing certain instruments as risk factors for the spread of the virus. As for singing while wearing a mask —

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