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Stories Tagged as

Layoff

COVID-19

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
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