45% of Workers Are Expecting Employment Changes. Here’s How to Prepare.
Talk of reopening the country continues to grow as new COVID-19 cases are at last beginning to decrease. But some Americans cannot return to the jobs they left because their employers have gone out of business due to the extended lack of income. It’s possible that more businesses will close in the next few months.
American workers seem to think so, at least. The 2020 Employee Benefit Research Institute (EBRI) Retirement Confidence Survey polled participants in March and found that 45% of workers were anticipating a change in their employment status within the next six months. Twelve percent of those said they expect that change to be a negative one. But it doesn’t have to be.