Cases, Hospitalizations, Deaths All Decline, Other Issues Take Center Stage
With new cases, hospitalizations, and deaths all steadily declining the Governor again turned his attention to the protests and civil unrest surrounding the Floyd George incident and spent the bulk of his press briefing discussing it.
The Western NY region is expected to move to phase two of reopening tomorrow. The public health data is currently being reviewed by global experts to make sure the region can safely move to phase two. The Western NY region includes Allegany, Cattaraugus, Chautauqua, Erie, and Niagara counties. The Capital District Region is on track to move to phase two on Wednesday. The Capital District region includes Albany, Columbia, Greene, Saratoga, Schenectady, Rensselaer, Warren, and Washington Counties. Our Mid-Hudson Region is on track for next week.
Phase two industries include offices, real estate, essential and phase two in-store retail, vehicle sales and rentals, retail rental, repair and cleaning, hair salons and barbershops, and commercial building management.
The Governor urged all those who are attending protests to wear masks and stay smart as they demonstrate. New York has made tremendous progress over the last 93 days to stop the spread of coronavirus because we took drastic measures, and they need to continue. The Governor said he supports the right of people to protest, but there is concern that large gathering will contribute to spikes in infection rates. If there is a rise in COVID-19 due to the George Floyd protests, the Governor said, he may shutdown the state again. This could include regions that have already entered into Phase 1 or 2 if those regions’ metrics no longer meet the threshold to remain open.
What Employers Should Know About New Paid Leave Requirements
The U.S. Department of Labor has released guidance for employers regarding new paid leave requirements. The law requires most private employers (including nonprofits) that have fewer than 500 employees to provide paid sick leave and expanded family and medical leave for specific reasons related to COVID-19. These employers will be reimbursed for the cost of providing paid leave through tax credits. The U.S. Department of Labor’s Wage and Hour Division administers and enforces the new law’s paid leave requirements.
Mental Health May Be Big Issue as Employees Return to Work
Employers may find that members of their staff are struggling with mental health issues related to anxiety about returning to work following the shutdown from the coronavirus pandemic, experts say. Attorney Kris Meade of Crowell & Moring said employers will need to exercise flexibility, while attorney Chai Feldblum at Morgan Lewis said workers will need to feel safe discussing their emotional well-being with coworkers and supervisors.
Senate and Assembly Announce Passage of Major Legislative Package Combating COVID-19 and Protecting New Yorkers
Senate Majority Leader Andrea Stewart-Cousins and Assembly Speaker Carl Heastie today announced the Legislature has passed a major legislative package to help support New Yorkers during the current COVID-19 pandemic, and help the state be prepared for future emergencies. The legislation focuses on protecting New Yorkers’ rights, helping them stay in their homes, providing economic relief for struggling workers and businesses, strengthening the health care system and maintaining critical services.
NAM Economic Report
Economic indicators released last week continued to show two things. First, the COVID-19 outbreak and the sharp drop in activity have resulted in historic declines for many economic measures, particularly in March and April. Second, the May data points suggest that the worst of those decreases might be behind us, with some encouraging bounce backs from record lows, albeit with ongoing negative challenges remaining.
Webinar: Dealing with Supply Chain Disruption – Strategies to help your firm manage risk and maintain operational flexibility in your supply chain.
Wednesday, June 10th, 2020 1:00 pm – 2:30 pm
No Cost for Members
The Council of Industry will host a webinar on Wednesday, June 10th Featuring Clarkson University’s Dr. Dennis Yu, Associate Professor of Operations & Information Systems and Associate Dean of Graduate Programs & Research, And John Mead, VP at Totalogistix.
We will discuss strategies to help your firm manage risk and maintain operational flexibility in your supply chain.
Dr. Yu will provide an overview including:
– Definition of supply chain risks
– How to assess supply chain vulnerability
– Key strategies such as mitigation strategies and contingency planning to build a resilient supply chain.
John Mead will provide some real world examples of how his clients have dealt with critical these challenges and implemented these strategies. He will discuss Risk Mitigation by illustrating the qualities of a low risk model and a high risk model as it relates to:
Providing case studies and examples for each.
Questions to Gauge Supplier Viability
COVID-19 has exposed weak links in the global supply chain, and product manufacturers are taking notice. As the virus runs its course, many manufacturers will likely have suppliers that do not survive. Being confident in your suppliers’ stability needs to be more than a gut-check today. You will need to dig in and conduct your due diligence to understand your suppliers’ financial health and ensure they will be there when you need them.
Alexandria Industries Chief Financial Officer Jon Olson suggests questions that can help assess supplier financial standing, including the diversity of the supplier’s customer base, access to capital and whether the business has been deemed essential.