man with telescope standing on stack of coins (Photo: fran_kie/Adobe Stock)

While the pandemic has not fully left us and waves of sub-variants continue to affect everyday life, a picture has formed about how workers have weathered the COVID-19 pandemic. A new retirement report from Transamerica, Emerging from the COVID-19 Pandemic: The Retirement Outlook of the Workforce, finds that 36% of the workforce was unemployed for different reasons during the pandemic. Also, 28% of workers experienced one or more employment-related negative financial impacts ranging from reductions in hours and salary to layoffs and furloughs.

The good news is that many workers have not lost sight of their future retirement.

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