Colleges Have Shed 10% Of Their Employees Since The Pandemic Began

Chronicle of Higher Education, Colleges Have Shed a Tenth of Their Employees Since the Pandemic Began:

September, the traditional start of the fall semester, saw the continuation of historic job losses at America’s colleges just as they sought some return to normalcy amid the coronavirus pandemic.

Preliminary estimates suggest that a net 152,000 fewer workers were employed by America’s private (nonprofit and for-profit) and state-controlled institutions of higher education in September, compared with August, according to the U.S. Bureau of Labor Statistics, which calculates industry-specific employee figures. The net number of workers who left the industry from February to September now sits at around 484,000.

Put another way, higher education has shed at least a tenth of the labor force it had before the start of the pandemic.