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Stock impact report

Job losses from coronavirus are already devastating Southern California [Los Angeles Times (CA)]

Tribune Publishing Co (TPCO) 
Last tribune publishing co earnings: 11/7 04:10 pm Check Earnings Report
In the working-class city of Pico Rivera, Melanie Santos, 26, made ends meet as a substitute math teacher for $120 a day and an occasional gig dishing food-truck chicken wings. Thirty-seven miles away, in a leafy Pacific Palisades enclave, Louise Sandy, 52, ran a one-woman business baking custom-designed cakes for birthdays and baby showers that sell for as much as $800 each. Now the two women have something in common: Both have seen their work evaporate in the coronavirus tsunami that has engulfed California’s economy. Workers across vast swaths of the Golden State’s labor market are feeling the pain. Wealthy, poor and levels in between. Young, old and middle-age. Some are in free-fall. Others have safety nets. But for all, the losses are sudden and staggering. “Honestly, none of us in this generation have ever been through anything like this,” said Santos, who doesn’t know how long she can pay for her half of the condo mortgage she shares with her mom. “We can’t process it.” Sandy c Show less Read more
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