Half of adults who lost their jobs during the pandemic are still unemployed
The onset of the coronavirus pandemic led to unprecedented job loss, and new data suggests the country hasn't come close to recovering six months later.
The nonpartisan think tank Pew Research Center found that half of US adults that lost a job due to the COVID-19 crisis haven't returned to work. Sixty percent of workers who reduced hours or took a paycut in the beginning of the pandemic are still making less than they were before March.
Pew conducted a random online survey of 13,200 Americans in August 2020.
The unemployment rate peaked at 14.7% in April after stay-at-home orders prompted sudden business closures. Six months later, unemployment remains high: as of September 12, 12.6 million Americans are receiving unemployment benefits, and the unemployment rate is at 8.4%. The unemployment rate had hit a 50-year low prior to the pandemic.
https://www.msn.com/en-us/money/markets/half-of-adults-who-lost-their-jobs-during-the-pandemic-are-still-unemployed/ar-BB19onA9?li=BBnbfcN&ocid=DELLDHP