Quietly, tens of thousands of office workers, salespeople and their managers have been let go. A restaurant or construction supply company can't do much business with all the restaurants and sites shut down. We look at unemployment claims by occupation.
It was a moment of emergence for the the region, though it may not have momentum. I count at least four areas where these new leaders have impressively stepped up, often leading the nation in pandemic responses.
“Drive in WiFi” is the stopgap solution of the day: using the powerful fiber connections at shuttered schools, libraries, and other agencies and business to provide the WiFi equivalent to the old drive-in movies, with signals directed out to open parking areas. The state is scrambling to provide WiFi service to the 200,000 Washington residents who live beyond connectivity.
The inevitable Boeing reductions will hurt the regional economy, but not nearly as much as past Boeing job cuts. Boeing is still the region’s biggest employer, but accounts for a gradually diminishing share of all jobs.
Even with this new, detailed data on unemployment claims, we really do not know how many people are unemployed in the traditional sense. Epidemiologists are not the only ones laboring under a lack of good data.
Changing "unemployment" insurance to employment insurance, paying to keep workers on the job can soften the impact of the coming recession.
Just try to buy a solid looking buzz clipper. Sold-out, sold-out, sold-out. Now I did find one for way too much money, and it won’t arrive for a while. I will be cautious about Zoom meetings.
Lyn Alden Schwartzer provides the clearest explanation I've seen of how the current situation differs from previous economic shocks like the Great Depression and the Great Recession.
By passenger volume, Sea-Tac is now the eighth busiest airport in the country, serving a metro area that is the fifteenth largest. A prolonged virus shutdown will damage a regional economic engine.
As economic activity plummets, local governments are scrambling to figure out how badly their budgets will suffer this year from a drop in taxable sales. It’s going to be tough, but how tough remains to be seen.