Economy

Optimism fades jobs lost to virus will return, poll finds

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Nearly half of Americans whose families experienced a layoff during the coronavirus pandemic now believe those jobs are lost forever, a new poll shows, as temporary cutbacks give way to shuttered businesses, bankruptcies and lasting payroll cuts.

It’s a sharp change after initial optimism the jobs would return. In April, 78% of those in households with a job loss thought they’d be temporary. Now, 47% think that lost job is definitely or probably not coming back, according to the latest poll from The Associated Press-NORC Center for Public Affairs Research.

That translates into roughly 10 million workers who will need to find a new employer, if not a new occupation.

The poll is the latest…



Source cnbc.com

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