Coronavirus: 12,400 job losses in Auckland CBD, report predicts
Business in Auckland CBD could suffer more than 12,400 job losses by March 2021 due to the impact of coronavirus, a report predicts.
The report, by independent economists Strateg.Ease, said it could take at least two years for business in the city centre to recover from the effects of Covid-19.
It also predicted a loss of $3.1 billion of gross domestic product (GDP) - the market value of goods produced in the city.
The outlook was "significantly worse" than the Global Financial Crisis of 2007/8, when jobs fell by 4400, the report stated.
"Tourism, hospitality, entertainment, arts and culture and retail - the businesses that give the heart of our city its vitality and distinct character - are amongst the worst affected," said Heart of the City chief executive Viv Beck.
Poll: Is it rude to talk on the phone on a bus?
Buses can be a relaxing way to get home if you have a seat and enough space. However, it can be off-putting when someone is taking a phone call next to you.
Do you think it's inconsiderate for people to have lengthy phone calls on a bus? Vote in the poll, and add your comments below.
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64% Yes
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33.7% No
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2.3% Other - I'll share below
Become an SPCA Foster Hero!
Kitten season has arrived, and over the next six months, over 8,000 cats and kittens will come into SPCA’s care. Please help us give these babies the best start in life and sign up to be a foster parent today! It's not just cats and kittens - we are also urgently seeking foster homes for dogs and small animals.
Fostering saves lives and helps these tiny babies grow into healthy, well-adjusted adults, ready for adoption. We cover all training and costs. All you need is time and love to spare!
Sign up today and save a life!
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