Hispanic women, immigrants, young adults, those with less education hit hardest by COVID-19 job losses
The drop in employment in three months of the COVID-19 recession is more than double the drop effected by the Great Recession over two years.
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The drop in employment in three months of the COVID-19 recession is more than double the drop effected by the Great Recession over two years.
68% of those who have lost jobs or taken a pay cut due to COVID-19 are concerned that state governments will lift restrictions too quickly.
90% of the decrease in employment between February and March arose from positions that could not be teleworked.
For some governments, the debt incurred on COVID-19 relief will add to the considerable red ink already on their ledgers before the pandemic.
Despite some broad federal guidelines, claimants still face a hodgepodge of different state rules governing how they can qualify for benefits.
Only 23% say they have emergency funds that would last them three months.
Around half of Hispanics say they or someone in their household has taken a pay cut or lost a job – or both – because of the COVID-19 outbreak.
Nearly one-in-four U.S. workers are employed in the industries most likely to feel an immediate impact from the COVID-19 outbreak.
In EU countries with higher unemployment, people are more pessimistic about job prospects. Youth unemployment and lack of economic growth are also factors.
The 30-year low reflects in part tight labor markets and falling unemployment, but also higher shares of young women at work or in school.
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