One In Eight People Formerly Employed In Higher Ed Lost Their Job Last Year

chronicle  |  Colleges and universities closed out 2020 with continued job losses, resulting in a 13-percent drop since last February. It was a dispiriting coda to a truly brutal year for higher ed’s labor force.

Since the World Health Organization declared a pandemic, the U.S. Labor Department estimates that American academic institutions have shed a net total of at least 650,000 workers, according to preliminary, seasonally adjusted figures released on Friday. Put another way, for every eight workers employed in academe in February 2020, at least one had lost or left that job 10 months later.

Across the broader economy, 9.9 million fewer people held jobs in January 2021 than in February 2020. The national unemployment rate fell to 6.3 percent on Friday. At no point since the Labor Department began keeping industry tallies, in the late 1950s, have colleges and universities ever shed so many employees at such an incredible rate.