Staying Fit
As the nation's workforce continues to reel from the widespread impact of the coronavirus pandemic, new research shows that workers in some industries have taken harder hits than others.
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Roughly 1.3 million people filed new claims for unemployment benefits during the week ending July 11, the U.S. Department of Labor announced Thursday. Since the pandemic led to the temporary shutdowns of many businesses across the nation in March, more than 50 million people have filed new claims for unemployment benefits. The June unemployment rate for workers age 55 and older was 9.7 percent, dropping from 11.8 percent one month earlier as some businesses started to resume operations. The overall June unemployment rate was 11.1 percent.
These large numbers mean the pandemic has affected workers in most fields in one way or another, including job loss, reduced pay or reduced benefits. But new research from Gallup finds that workers in some fields have felt the impact more than others.
"The COVID-19 pandemic has caused immense economic damage, but the harm has not been evenly felt,” Gallup's Principal Economist Jonathan Rothwell writes. “Workers who provide in-person services have borne the brunt of layoffs and wage reductions.”
Gallup's COVID-19 Tracking Survey has been collecting information on the occupations of those who are working and those who are unemployed but have worked within the past year. The responses are then used to estimate unemployment by occupation.
According to the Gallup findings, these are the 10 occupations that the pandemic has affected the most.
1. Service Workers
Percent laid off: 34
Percent reduced hours: 41
Percent reduced pay: 43
This category includes a broad range of occupations — such as food servers, security guards and janitors — that typically involve on-site duties or face-to-face interactions. Widespread temporary shutdowns of businesses made it impossible for many of these workers to perform their job duties.
The loss of such jobs in some of these fields could affect older workers disproportionately. For example, according to a study from the Center for Economic and Policy Research (CEPR), 35.6 percent of the people who work as building janitors and cleaners are age 50 and older.
2. Arts, design, entertainment and media workers
Percent laid off: 25
Percent reduced hours: 27
Percent reduced pay: 48
When theaters are closed for audiences, that means the cast and crew who create your favorite performances on stage and screen are out of work, at least temporarily. But the ripple effects reach out further, causing job losses for ushers, ticket takers, concession stand workers and others — jobs that older adults often fill because of the part-time hours available.
3. Small business owners
Percent laid off: 18
Percent reduced hours: 35
Percent reduced pay: 64
Before the pandemic hit, the business of entrepreneurship was booming for older adults. In 2018, 25.8 percent of new businesses were started by people between the ages of 55 and 64, up from 14 percent in 1996.
