The PanJammers, an award-winning steel drum orchestra based in Blacksburg and featuring many faculty, staff, and alumni of Virginia Tech, has recorded a virtual version of the traditional graduation song for the Class of 2020.
Virginia Tech economists in a new paper have found that the output loss in the United States’ GDP hit roughly $1.156 trillion from March 19 to April 15, a 26 percent drop of total U.S. output from the same fiscal period last year. Divided by the current U.S. population of 328.2 million, the loss per person is averaged at about $3,521 during this period.
Virginia Tech’s university motto, expressing the Hokie service ethic, offers a path forward during the pandemic. Staying home and limiting shopping trips helps to protect service workers and those who are more vulnerable to the COVID-19 virus.
Virginia Tech economists Shaowen Luo and Kwok Ping ‘Byron’ Tsang have completed a study showing the cost of the coronavirus, or COVID-19, on the GDP (gross domestic product) on the Chinese and worldwide economies.
Media expert advisory: Virginia Tech economist Sudipta Sarangi has found that government corruption is less prevalent in countries where there is a greater number of women in political leadership roles, both at national and local levels.
Pressure to automate is growing as companies seek to cut labor costs in a tight job market. U.S. companies installed more robots last year than ever before. Many experts describe automation and labor markets as one of the most pressing business issues of the 21st century.