5 things to know for June 6


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In the United States, employers looking for answers to combat the lack of labor demand have focused on a certain demographic during the summer months: students. The Associated Press reports that teen employment is above pre-pandemic levels although the overall labor market is not reaching that level. Students looking for extra cash during their summer vacation are being offered rising starting salaries and high demand for entry-level positions.

Hospitality companies — such as Cape Resorts, a boutique hotel, lodge and restaurant operator based in New York and New Jersey — are taking advantage of U.S. citizenship and immigration services raising the limit on temporary H-2B work permits to employ international students, news organizations report.

“Finding staff willing to fill hospitality roles remains a challenge,” said Cindy D’Aoust, executive of Cape Resorts. “But it’s great to see the return of our international students as well as students returning for the summer season.”

Hotel brands and investors are engage in the all-inclusive resort business after leisure travel helped support the industry’s recovery, reports HNN’s Sean McCracken. Javier Coll, group president of global business development for Apple Leisure, said opportunities to build and operate are growing in markets once considered off-limits to luxury all-inclusive resorts.

“It’s just a question of whether you can charge the rates to overcome the extra expense of labor and all of those things, and our conclusion is yes, you can,” Coll said.

Food and Drug Administration advisers will debate the safety and effectiveness of the COVID-19 vaccine developed by Maryland-based Novavax, The Washington Post reports. If deemed safe, the shot will likely be begin to be administered in the United States from this summer.

The Novavax vaccine is protein-based — like the flu, hepatitis B and shingles vaccines — unlike the three COVID-19 vaccines already approved for use in the United States, which are mRNA-based, reports the newspaper.

The FDA also votes to determine whether pediatric vaccines developed by Pfizer-BioNTech and Moderna are safe for children under 5 years old. If approved, vaccinations for this age group could begin on June 21, the newspaper reports.

Revenue NSW, the government office that collects New South Wales debts in Australia, seeks 58.6 million Australian dollars ($42.3 million) in unpaid bills from travelers who were required to stay in a state-run quarantine hotel for 14 days upon entry, Travel Weekly reports.

“There could be a constitutional question as to whether it is a valid charge for Australians to return to the country, given that they have been forced to self-quarantine,” said Kim Rubenstein, professor at the ‘University of Canberra.

A month after Spirit Airlines declined its offer to buy the company, JetBlue increased its initial offer on Monday in an attempt to fend off competitor Frontier Group Holdings, CNBC reports.

In the updated offer, Spirit shareholders would receive $31.50 per share in cash, an increase from JetBlue’s original offer of $30. Additionally, JetBlue increased its reverse severance fee — which would go to Spirit shareholders if the deal fell through on antitrust grounds — to $350 million from $150 million, the outlet reports. In Frontier’s offer, its break fee is set at $250 million.

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