By Zenger News – Unless you’ve won the lottery and are now independently wealthy, or your job so disgusts you that you’d rather be without it, getting fired or laid off is never a good experience. But some sectors of the U.S. economy are hurting more than others, and some seem insulated from the bloodletting.
Tens of millions have been weathering the COVID-19 pandemic without work. Entire cities virtually shut down for months, with large and small companies struggling. American and Delta airlines, shipping mall owner Brookfield Properties, and even the U.S. Chamber of Commerce have announced layoffs.
About 24.2 million people said they couldn’t work in August because their employers closed or lost business, according to the U.S. Bureau of Labor Statistics.