Is architecture heading toward an unemployment crisis?
The latest unemployment figures reported by the federal government show staggering job losses across the country in the wake of the COVID-19-induced economic shutdown. The US Department of Labor reports that 6.6 million Americans filed initial unemployment claims for the week ending April 4, 2020. Adding the latest number with the weekly figures that have been released over the last month, at least 16 million Americans have lost their jobs. The recent job losses have already exceeded those from the Great Recession, and are likely to grow as additional states begin to put additional shelter-in-place initiatives into place, The New York Times reports. Previously on Archinect: “Update for April 9th: Architect's Guide to 2020's Economy & Business.” Archinect has collected some of our recent economic coverage of the COVID-19 pandemic. Work on most construction projects in New York State has stopped. Image courtesy of StockSnap / Pixabay.What impact has this staggering job loss had on t...
The latest unemployment figures reported by the federal government show staggering job losses across the country in the wake of the COVID-19-induced economic shutdown.
The US Department of Labor reports that 6.6 million Americans filed initial unemployment claims for the week ending April 4, 2020. Adding the latest number with the weekly figures that have been released over the last month, at least 16 million Americans have lost their jobs. The recent job losses have already exceeded those from the Great Recession, and are likely to grow as additional states begin to put additional shelter-in-place initiatives into place, The New York Times reports.
Previously on Archinect: “Update for April 9th: Architect's Guide to 2020's Economy & Business.” Archinect has collected some of our recent economic coverage of the COVID-19 pandemic. Work on most construction projects in New York State has stopped. Image courtesy of StockSnap / Pixabay.What impact has this staggering job loss had on t...
