New report reveals staggering number of Charlotte jobs lost in Q2

New report reveals staggering number of Charlotte jobs lost in Q2
(MELISSA KEY/CBJ)

CHARLOTTE, N.C. — The Charlotte Regional Business Alliance published its latest quarterly economic report on Thursday, and the magnitude of the pandemic’s impact — particularly on the hospitality sector — came into sharper focus with 156,000 jobs shed between April and June.

Hospitality businesses suffered the most, according to the economic data. Bars, restaurants, hotels and other companies in the industry accounted for 62,000, or 40%, of the overall net jobs lost.

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The Business Alliance encompasses a 15-county region with Charlotte and Mecklenburg County at the center.

“The expectation was that we were certain to lose jobs,” said Chuck McShane, senior vice president of economic research at the Business Alliance. “This is one of the roughest quarters for job losses in the region’s history.”

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