The average unemployment rate for 2020 is expected to be above 10% in 161 metro areas, or 42% of the total, according to the report. "Our budgets have really been hurt, some decimated, by this pandemic," said Louisville, Kentucky, Mayor Greg Fischer, the conference's president. "Rising costs to deal with the pandemic and falling tax revenue have been a double whammy on cities."
-- Tami Luhby, CNN Business
Companies are embracing work-from-home, shoppers are embracing the online experience and former city dwellers are embracing the 'burbs.