Louis in late March estimated that more than 47 million Americans could be laid off by the end of second quarter of 2020. A research brief issued by the Federal Reserve Bank of St. Virtually all of the job gains made in the decade since the Great Recession were erased in a matter of weeks.ĭespite the passage of historic economic relief legislation that includes hundreds of billions of dollars in forgivable loans to businesses that keep their employees on payroll through the downturn, there's mounting evidence that the job cuts are far from over. The widespread commitment to public safety, in many instances undergirded by local and state shelter-in-place mandates, has had a catastrophic impact on the economy and resulted in massive job losses.Īs of late April, more than 30 million Americans had filed for unemployment benefits-the most dramatic rise in claims ever recorded.
The COVID-19 pandemic has caused millions of Americans to suspend their normal daily activities and stay at home. Of course, the zoo's circumstances are far from unique.
With the zoo's revenue suddenly reduced by the shutdown, Sizemore, the chief human resources officer at the nonprofit Friends of the National Zoo, furloughed three-quarters of the 180 employees who run the zoo's educational programs, sell memorabilia, staff information booths and otherwise contribute to the visitor experience. When the National Zoo in Washington, D.C., closed its doors to visitors in March to help control the spread of the coronavirus, Kate Sizemore was forced to make a difficult decision.
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