The economic fallout from state and local government mandates that shut down countless businesses was devastating: approximately 555,100 jobs were lost in the Bay Area in April, as a result of the loss of 41,800 jobs in March, the State Employment Development Ministry The ministry reported.
However, with an increasing number of people working at home – or without work – people drive much less during a spring dominated by the personal and economic impact of the coronavirus, according to a report published Tuesday by the Institute of Regional Studies. and Joint Venture Silicon Valley.
The report describes what he describes as a “silver lining” resulting from business closings in Silicon Valley, the Bay Area and California.
“We certainly do not intend to play down the tragedy of the pandemic,” said Rachel Massaro, director of research at the Institute of Regional Studies.
In May, the number of kilometers traveled per capita on highways made it possible to measure on average the distance traveled by each person in Silicon Valley, the Bay Area and California, compared to the trends of a year ago as well as ” at the beginning of 2020, before the bay region issues the first orders for shelters on the spot in the country.
However, travel totals for May on Silicon Valley, Bay Area and California freeways increased significantly from April, a potential indicator of a labor market rebound, the institute said.The report also found that Silicon Valley travelers have significantly reduced their average highway travel compared to their counterparts in the Bay Area and California compared to the previous year.
However, Silicon Valley drivers also returned to their vehicles at a much faster rate in May compared to April than was the case in California and the Bay Area, according to the new study.
In May, miles traveled on Silicon Valley highways traveled on average 179.7 per person, up 22.2% from April but down 44.4% from the same month ago a year.
Bay Area highway travel averaged 239.1 miles per capita in May, up 16.5% from April but down 32.4% from May 2019. There is a year, the report determined.
“Will the health crisis catalyze new approaches to transport and a renewed emphasis on telework? we hope this study will inform thinking about important issues like these, “said Russell Hancock, president of Joint Venture Silicon Valley.