COVID-19 Recession Projected To Cost Jobs For 22% Middle Income Older Workers, 15% Higher Income

COVID-19 Recession Projected To Cost Jobs For 22% Middle Income Older Workers, 15% Higher Income

The COVID-19 recession is likely to cost the jobs of 22 percent of middle income workers age 50 to 60 making between $48,000 to $137,730 and the jobs of 15 percent of their peers earning above that, according to a report released today.

The recession will force an additional 1.1 million of these middle income job holders and 360,000 higher income tholder workers into a substandard standard of…

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