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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNearly 1/3 of people that went back to work after being laid off during C19 have lost their jobs
A second wave of coronavirus layoffs is happening, even for workers who have returned to their jobs after losing them when coronavirus first hit the economy.
As many as 31% of workers who went back to work after being initially laid off or furloughed in the first wave of COVID-19 job losses have been laid off a second time, according to a survey conducted by Cornell University and the US Private Sector Job Quality Index released Tuesday.
An additional 26% of those still on payrolls have been warned by their employers that they may be laid off again, according to the survey. That means roughly 3 out of 5 workers who went back to jobs have either been let go again or told they may be laid off soon.
That's "a remarkably high number of people who were reemployed by businesses that may not be able to afford to keep them on," Daniel Alpert, Cornell Law School senior fellow and adjunct professor, told Business Insider.
https://www.msn.com/en-us/money/markets/nearly-one-third-of-people-that-have-gone-back-to-work-after-being-laid-off-during-the-coronavirus-pandemic-have-lost-their-jobs-again-study-finds/ar-BB17EjkB?li=BBnbfcN&ocid=DELLDHP
Wellstone ruled
(34,661 posts)We will see upward of 35 million unemployed by Xmas.
Johnny2X2X
(19,114 posts)My company laid off 13,000 people nationwide. All layoffs were permanent. The jobs aren't going to bounce back.
Nevilledog
(51,197 posts)Initech
(100,102 posts)It's going to take decades to fully recover from this when / if the pandemic is over. Trump royally fucked up on this.