Wichita expected to lose twice as many jobs as in Great Recession, forecast shows

In 2020, the Wichita area will lose nearly twice as many jobs as during the 2008-10 recession, according to a new WSU economic forecast. On Tuesday, Wichita State University’s Center for Economic Development and Business Research released a forecast that shows Wichita will lose roughly 44,000 jobs from 2019. That’s nearly twice as many jobs from the Great Recession. The Wichita area is expected to see a roughly 30% drop in nonfarm employment during the second quarter before bouncing back to end the year at a 14.6% decline in employment from 2019, the forecast shows. The statewide projection is a 10.2% reduction in labor from 2019.
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