Virus impact may extend to 57 million U.S. jobs

By Eric Martin
Published 2 Min Read

The coronavirus pandemic will hurt 57 million U.S. workers, more than double the number of jobless claims so far, once furloughs and reduced hours and pay are included, according to McKinsey.

The more than 26 million people who have filed unemployment claims in the past five weeks provide only a partial picture of workforce dislocations, with tens of millions more facing additional risks, according to a report by economists including Susan Lund at the McKinsey Global Institute, the think tank arm of the consultancy.

Eric Martin
From Bloomberg News

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