There are plenty of economists that are discussing the white collar layoffs. Will they arrive? In my little corner of the world (WA state) government jobs are about to take a hit. Our county was already in trouble when the quarantine hit (i have nothing good to say about our county commissioners), so we now have a double whammy problem looking at loss of tax revenues.
Boeing has announced layoffs. This will reverberate across the entire state. They order aluminum from Spokane.
I don't follow other state economies closely, but my national union (NAT'L EDU ASSOC) believes 1.8 million education jobs are at risk across the USA. Lots of paras and classified staff will be negatively affected, as well as general staff at public and private colleges and universities. I got a very cryptic email about reduction in hours from my side job on Monday, telling me they will have more information on Thursday. I work at Whitman College library, which is a rather prestigious west coast school. I thank God every day I'm not low man on the totem pole at my public K-12 school in case a riff happens.
Tough times lay ahead for many people. White collar workers will face a reckoning eventually, and the bubble will burst for modern cards. And baseball is doing its part to ruin excitement as well.
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Last edited by todeen; 06-17-2020 at 01:26 AM.
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