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.
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Poll: How do you feel about dogs being allowed indoors in cafes?
For most of us, seeing a friendly doggo while out and about instantly brings a smile to our faces. But how do you feel about cafes welcoming pups inside?
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27.6% I love it!
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31.5% Only in designated areas
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40.9% No, it should be outdoors only.
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The man who was supposed to come & help my over 70 cousin has never turned up. My cousin only needs light help in her small garden for 2 hours a week,she has new gloves & it will be regular work hours.She will pay $70 for those 2 hours each week.Cindy
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