One in three workers changed or lost jobs in past year

By Alex Tanzi
Published 3 Min Read

Bloomberg News

More than a third of U.S. workers changed employers or lost their jobs since the start of the pandemic, double the typical level in the previous two decades, according to a new study.

Among workers who had a job in February 2020, almost 37% were no longer with their employer a year later, according to a paper by Alexander Bick of Arizona State University and Adam Blandin of Virginia Commonwealth University. Almost 26% had a different employer and the remaining 11% were out of a job.

Alex Tanzi
From Bloomberg News

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