Most of us have really not done a event since early 2020 How long can you hold on before you got to call it quits
The short answer is that 90% of DJs are part time, and if their primary employment remains intact they can proceed indefinitely without any meaningful impact.
For full time people with no other source of income the prospects are much grimmer and the problem much larger than simply 'no gig.' The shutdown impacts the entirety of the event industry - from concert and theater halls to catering and your local VFW. It's a near complete and wide ranging economic crash across a whole range of professions singled out because their very nature is about bringing large groups of people together. "Unity"
is the event business - and everything being done in the name of unity is antithetical to our roles.
Consider for example, that 27% of restaurants in my state have closed for good. That figure does not include venues that have remained closed but not yet announced it to be permanent. Many of these venues are also wedding and event destinations - places that make a DJ business possible. Restaurant closures are a good indicator of impact on the event business because they encompass so many aspects of hospitality - food & beverage, disposable incomes, people's ability and willingness to entertain
Hotel an ballroom facilities: I recently delivered some light rigging to a major downtown hotel ballroom. The room's capacity is 1,100 people. It was presently being set for a Bat Mitzvah within a then state limit of
15 people in attendance, and a live zoom feed. What percentage of the population should we expect willing or able to spend $20K-$30K on a live gathering of just 15 people
? There are not enough Gavin Newsom's to sustain an entire hospitality industry.
Unfortunately, if heaven itself shined upon us tomorrow, the economic disparity in this sector may well take a decade to recover from. Yes, DJs will recover much faster than set-designers, but technology will also have changed the expectation, roles, and demand. The notions of how to celebrate will be different on the other side of this.
On top of that - our consumer economy is
not healthy. It is presently held together with a few pins and scotch tape. A year long moratorium on private bank foreclosures and tenant evictions is masking the depth of our economic woes. Don't worry though - there is
no moratorium on local or state governments seizing property for overdue taxes or water bills. That business is in full perverted swing and we have entered the age of "deed flipping." If you own a home check the status of your deed at least 4 times a year to be sure your city or town has not executed one of these quit-claim deed seizures. These tax takings step in front of all other liens - meaning you lose all equity in the home, and so does you mortgage lender.
Deed flipping is a very lucrative process for cities and towns because they bundle the deeds into securities and sell them to investors who foreclose on the property. The city receves on averge $50 to every $1 or liability owed in this process, so it has become one of the fastest growing municipal finance schemes running. Imagine losing your $350,000 home for just $400 in unpaid water bills (and still on the hook for the mortgage debt. Yes - this is a real example.) The elderly living in homes with no mortgage are particularly ripe targets for this because they are prone to missing a bill or notice. It may take as little as 60 days for this process to happen.
In the $400 water bill example - they were able to redeem their property within the 1-year period provided by law after paying the full costs to whoever purchased the rights to foreclose, which the town had sold for $30k. After legal expenses they got their deed back for a total cost of about $50K
This is the real economic and government climate that lurks just below the service -
the stories that never make it onto the evening news. The preoccupation with Trump is mostly about keeping your eye off the ball. It's not the winter that is going to be dark and cold - it's the summer and fall that will bring a blistering burn as the cover slips off reality.