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JUST IN: Austin finance officials are now projecting the following:
- 261,000 jobs lost in Austin area
- 95% loss of hotel room bookings
- Loss of between $38.3M and $57.6M in city tax revenue this year.
- 261,000 jobs lost in Austin area
- 95% loss of hotel room bookings
- Loss of between $38.3M and $57.6M in city tax revenue this year.
261,000 lost jobs is roughly 25% unemployment. Nearing Great Depression levels.
