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The COVID-19 pandemic has triggered a surprising reversal for the beforehand buzzing American economic system, from a 50-year-low unemployment price of three.5% to at least one that would ultimately hit 25%, a price corresponding to and probably worse than the Nice Melancholy.
The financial intestine punch may very well be significantly powerful for folks aged 55 and older, who previous to the pandemic comprised almost one fourth of your complete U.S. workforce. And COVID-19 additionally delivers a double-whammy: Many seniors have jobs that can’t be carried out remotely, and plenty of will be unable to simply re-enter the workforce due to a illness that has disproportionately stricken older people.
SeniorLiving.org just lately took a have a look at professions which can be most affected by the pandemic and have the very best share of older employees, and at different knowledge from a demographic sector that has change into more and more extra essential to the American economic system and, sadly, one of the devastated by the coronavirus disaster.
Following are the coronavirus-impacted jobs with the biggest shares of employees age 55 or older.