The epic Southern California wildfires have led to 25 deaths. While more than 12,000 structures across Los Angeles are destroyed or badly damaged. And the catastrophic financial costs are becoming clear, with the first estimates higher than $2.25 billion, per AccuWeather.

That cumulative figure is likely to rise considerably once the flames finally are quelled. In the short run, Goldman Sachs estimates, Labor Department payrolls will be depressed by 15,000 to 25,000 jobs come the January jobs report. Thousands of Los Angeles-area residents are being forced to hunt for new child care, schools, and homes as their employers set up new shops away from the ruins.