A new report reveals some 43% of all workers have experienced one or more negative things during the pandemic, including; Reduced hours: 27% Reduced salaries: 14% Furloughs: 10% Layoffs: 8% Retired early: 4%
The Delta variant is a painful reminder that we are not out of the woods on the COVID-19 pandemic. Let me add my voice to the chorus of those urging you to get vaccinated—both shots—if you haven’t already. If not for yourself, then for those around you.
“Workers are weathering a public health crisis and contending with fears about the virus and vaccinations, concerns for family and friends, employment impacts, and financial setbacks,” said Catherine Collinson, chief executive and president of Transamerica Institute and TCRS. The younger you are, the more time you have to make up for these kinds of economic setbacks. But it also means a reduced opportunity to invest and save for the long run—yes, even in your 20s you should be thinking about this. TCRS’s Gen Z and millennial data also support data from other studies that shows younger Americans waiting longer to marry, having fewer kids and being priced out of the soaring housing market.
As for skipping contributions to retirement accounts—again, no surprise given things like reduced pay and hours, if not outright layoffs and furloughs—this will result, decades from now, in a smaller retirement pot for millions. This is the “butterfly effect”: a change that seems small now can have a great impact later.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
People Are Sharing Things Their Teachers Told Them That They'll Never Forget'Before you can break the rules, you have to understand them.'
Leer más »
Ryan James Brewer Will Make You Forget the 'Limits of the Heart'The queer Nashville-based musician announces his debut album, 'Tender.'
Leer más »
Peruth Chemutai of Uganda Wins Women’s Olympic SteeplechaseAfter passing American Courtney Frerichs on the backstretch of the last lap, Peruth Gemutai was golden Tokyo2020
Leer más »
Peruth Chemutai of Uganda Wins Women’s Olympic SteeplechaseAmerican Courtney Frerichs gets silver after brave front running that almost earned her gold.
Leer más »
Emily Oster Thinks of Herself As an Expert on Data in Parenting, Not Parenting“All you can do is try to make the best ex ante decision. You can never know if you made the best ex post decision. Stuff happens. I think that’s hard because we want to make the decision that’s right, but can’t know if it’s right,” says ProfEmilyOster
Leer más »
Analysis: New data on kids and Covid made even a GOP governor flip on masks in schools'The freedom coveted by some Americans to avoid vaccines and spurn masks is, increasingly, leading to a group of Americans that can't access vaccines getting Covid-19. We're talking about kids under 12,' writes zbyronwolf | Analysis
Leer más »