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Workers’ everyday finances are being impacted by climate change

49% of workers earning a low to moderate income experienced negative changes in their work as a result of climate change over the past year.

By Lucy Peterson | November 15, 2023 at 11:54 AM

Climate change impacts so many facets of life — but many U.S. workers might be surprised to learn that it affects their financial security too. 

Commonwealth, a national nonprofit, surveyed 1,200 workers in the U.S. with household incomes ranging from $30,000 to $80,000. The study found that extreme weather events related to climate change are increasingly affecting workers who earn low to moderate incomes. 

According to the survey, 83% of workers experienced extreme weather events, such as droughts, floods, hurricanes, tornadoes or wildfires within the past year. Of those workers, 49% experienced negative changes in their work as a result of climate change.  

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