Weekly Reader

Monday, March 30, 2020

Economic Development

Here is an article on expected job losses attributable to the COVID-19 outbreak from the Brookings Institute. The following is an excerpt from the study.

Metro name Employment in high risk industries, 2019
Jobs Share of all jobs Share of metro jobs
Longview, WA 5,685 0.03% 14.5%
Seattle-Tacoma-Bellevue, WA 301,465 1.4% 15.0%
Portland-Vancouver-Hillsboro, OR-WA 179,364 0.9% 15.0%
Spokane-Spokane Valley, WA 30,254 0.1% 12.8%
Kennewick-Richland, WA 15,298 0.1% 12.3%
Olympia-Tumwater, WA 15,168 0.1% 12.9%
Yakima, WA 10,556 0.1% 9.2%

Here is a CNN Business report on the wave of coronavirus job losses expected to come crashing down.

According to ZD Net, Business has shifted from a centralized model to a more distributed one with remote teams becoming the norm, prompting a new focus on developing technology quickly, write Vala Afshar and Henry King. “This may be the moment at which entrepreneurs see the opportunities here for far more compelling remote/distributed experiences that will finally tip the scale to majority remote workforces,” they write.

Transportation

INRIX research found that traffic has reduced by 30% nationwide in March. INRIX will publish this COVID-19 Traffic Synopsis every Monday for the foreseeable future, providing results through Friday of the previous work week. In terms of highway transportation, the data shows that in the US the first wave hit on Friday, March 13th. After 16 straight days of increasing travel, national volume suddenly reversed, dropping 5%.In normal times, volume changes would move   incrementally, almost undetectable day-by-day. 5% changes in one day just don’t happen. Since then, it has only gotten worse, with national declines topping 30%.

Community Development / Other
Census response rates by state and county level. At this point, Wahkiakum (33.7) is trailing the state self-response rate and Cowlitz (38.8%) is exceeding the state rate of 36.3 %. Click here for access to the Census self-response page. Please continue your efforts to get local residents to complete the Census on line, or by mail and help limit the need for Census workers to venture out into the community. See my posts on Facebook under William Fashing for ideas on social media outreach on the 2020 Census.

According to the National Association of Regional Councils, the U.S. Census Bureau is suspending 2020 Census field operations for two additional weeks to April 15, 2020. The Census Bureau is taking this step to help protect the health and safety of the American public, Census Bureau employees, and everyone who will go through the hiring process for temporary census taker positions. The Census Bureau continues to evaluate all 2020 Census field operations and will communicate any further updates as soon as possible. The 2020 Census is open for self-response online at 2020Census.gov, over the phone by calling the number provided in your invitation, and by paper through the mail.

The CWCOG has access to a number of Census related documents. Let us know if you need a resource to send out to employees or other groups that you serve.

COVID-19 Articles
Here are a series of editorials relating to the Economic outlook resulting from the COVID -19 outbreak from the Brookings Institute and others.

The middle class faces the greatest threat since the 1930’s

Stimulus steps the US should take to reduce regional economic damages from the COVID-19 recession

Coronavirus Will Change the World Permanently. Here’s How.

Which Workers Are Most Vulnerable To The Economic Costs Of The Coronavirus?

Disaster Zone: The Big One, COVID -19 Tsunami

The Ash Center at Harvard Kennedy School has developed a resource center for public sector leaders to highlight examples of how governments are responding to the outbreak. (Medium)

Small Business Administration

Link to the Small Business Owners Guide to the CARES Act

SBA Disaster Economic Injury Loan Assistance Link.

Application for SBA loan information – https://covid19relief.sba.gov/#/