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Schenectady, NY Coronavirus Economic Impact Map

Economic Impact Key

Nominal
Significant
Severe


The map above shows which areas in Schenectady, NY are expected to suffer the greatest economic damage from COVID-19, also known as the Coronavirus. Economic damage includes both unemployment and loss of business. These estimates are based on the number of people employed in each industry by area. Areas in the darkest red may see 20% or more of the workforce newly unemployed.

Overall, the economic impact to Schenectady is expected to be significant, but less severe than the rest of US, with 8.1% of jobs at risk. On a national per-capita basis, there are 45,261 cities in worse condition and 9,280 cities in better condition. Among other cities classified as large by population, 388 are projected to have more economic damage, and 17 to have less economic damage.

Estimates are based on industries most impacted by the virus and by recessions in general. This map is based on strong statistical evidence, but please keep in mind these are only estimates. Changes will be included as more data becomes available. Estimates are generally conservative: some areas will have higher-than-projected unemployment.

Top Industries: Before COVID-19

Top Industries: After COVID-19

Industries Impact Key

Education and health
Retail
Professional and business services
Public and administration
Leisure and hospitality
Newly unemployed (top industries only)

 

Estimated Jobs at Risk for All Schenectady, NY Industries

IndustryCurrent jobs estimateJobs at risk
Agriculture and Mining15511
Construction2,474366
Manufacturing4,366637
Wholesale Trade1,240131
Retail7,008680
Transportation, Warehousing, and Utilities2,737176
Information1,14387
Finance253253
Professional and Business Services6,921520
Education and Health17,409841
Leisure and Hospitality4,7651,115
Public Administration5,3560
Other Private2,80370
Total60,7394,888

 

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