40 Percent Of Puget Sound Jobs Will Be Impacted By Coronavirus
SEATTLE, WA The economic ripple effect of the new coronavirus outbreak will likely have widespread impacts on Puget Sound jobs for several months to come, according to a new report published Tuesday.
The report, sponsored by the Seattle Metropolitan Chamber of Commerce, found severe impacts in the near-term for approximately 40 percent of all jobs in King, Pierce and Snohomish Counties, including wage reduction and temporary layoffs.
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"Many of these jobs will start again once the virus threat has passed and the economy starts up again," the report says. "Not all businesses will survive this challenge."
The report's authors said the timetable for economic recovery depends on controlling the virus, and all businesses' immediate focus should be helping stop the spread of COVID-19.
https://www.msn.com/en-us/news/us/40-percent-of-puget-sound-jobs-will-be-impacted-by-coronavirus/ar-BB11npIE