COVID-driven loss of jobs and employment income will cause the number of homeless workers to increase each year through 2023. Without large-scale, government employment programs the Pandemic Recession is projected to cause twice as much homelessness as the 2008 Great Recession.
In a new report with the Economic Roundtable, titled Locked Out – Unemployment and Homelessness in the Covid Economy, we use data from the 2008 Great Recession to estimate the linkage between job loss and homelessness. The amount and type of pandemic-driven homelessness in Los Angeles, California, and the United States will significantly increase, driven by large-scale job losses during the Pandemic Recession. Continue reading “New Report: COVID-19 Job Losses Will Worsen L.A. Homelessness by 2023”