Back to BusinessThis Is UncomfortableI've Always Wondered ...Econ Extra Credit with David BrancaccioMake Me Smart Daily

Loading...

0:00
0% played
Stories Tagged as

Layoff

COVID & Unemployment

For furloughed workers, the psychological toll can be as heavy as the economic one

by Erika Beras
Oct 1, 2020
Add in the pandemic, the struggle for racial justice and the uncertainty surrounding the election, and the anxiety can be overwhelming.
Being furloughed, combined with the struggle for social justice and the uncertainty around the election and the pandemic, can be overwhelming.
Spencer Platt/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
COVID & Unemployment

Furloughs turning into permanent layoffs as pandemic drags on

by Kristin Schwab
Sep 8, 2020
Job losses are moving past lockdown-hit businesses to other sectors that were doing fine for a while.
Every month a worker is on temporary unemployment, they have about a 10% to 15% chance of transitioning to a permanent separation, according to one labor economist.
Spencer Platt/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE