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.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.