Economist predicts North Carolina will lose 250,000 jobs due to virus
Story Date: 3/24/2020

 

Source: Rick Smith, WRAL TECHWIRE, 3/23/20

North Carolina’s economy will be wracked by 250,000 job losses – some 70,000 more than the entire total reported across the state in January – by the expanding devastation being wreaked by the coronavirus, according to a new estimate from NC State economist Dr. Mike Walden. “Economists have been increasing their estimates of commercial and employment damage,” Walden told WRAL TechWire early Monday. “The increase in job losses could top 250,000 in North Carolina.”

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