“These findings begin to fill information gaps about the labor market, including an underappreciated reason for the many unfilled jobs & the declining labor participation rate since the emergence of the pandemic” #LongCovid cnbc.com/2023/01/30/lon…
“#LongCovid is keeping people out of work and may reduce on-the-job productivity for others, contributing to a labor shortage and weighing on the U.S. economy at large, according to a new study.” cnbc.com/2023/01/30/lon…
“#LongCovid — also known as long-haul Covid, post-Covid or post-acute Covid syndrome — is a chronic illness that results from a Covid-19 infection. Its potential symptoms number in the hundreds and, for some, can be debilitating and persist for years.”
“About 18% of people with #LongCovid hadn’t returned to work for more than a year after contracting Covid, according to a recent study by the New York State Insurance Fund, the state’s largest workers’ compensation insurer. Of this share, more than 3/4 were under 60 years old.”
“Another 40% returned to work within 60 days of infection but were still receiving medical treatment — presenting challenges such as reduced hours, lower productivity and other workplace accommodations, NYSIF said.”
“There are about 1.7 open jobs per unemployed worker. The labor force participation rate was 62.3% in December, which has shown ‘little net change’ since early 2022 & remains a percentage point below pre-pandemic level, according to Bureau of Labor Statistics recent jobs report.”
“There are about 1.7 open jobs per unemployed worker. The labor force participation rate was 62.3% in December, which has shown ‘little net change’ since early 2022 & remains a percentage point below pre-pandemic level, according to Bureau of Labor Statistics recent jobs report.”
“There are about 1.7 open jobs per unemployed worker. The labor force participation rate was 62.3% in December, which has shown ‘little net change’ since early 2022 & remains a percentage point below pre-pandemic level, according to Bureau of Labor Statistics recent jobs report.”
“#LongCovid has pulled people out of labor force at roughly same rate as annual retirements by baby boomers, according to Gopi Shah Goda, senior fellow at the Stanford Institute for Economic Policy Research. In other words, it equates to an additional year of population aging.”
“research suggests #LongCovid played an under-the-radar role in these broad pandemic-era labor trends, which likely funneled into inflationary pressure in the U.S. economy.”cnbc.com/2023/01/30/lon…
“Millions of people left the labor force in the early days of the pandemic.. But workers haven’t returned as quickly as imagined.. Jerome Powell, U.S. Federal Reserve chair, said about 3.5 million workers are still missing. He attributed at least ‘some’ of that gap to #LongCovid”
“Plus, #LongCovid medical costs for the average person are about $9,000 a year, without accounting for any insurance-related coverage.”
👀
👀
Thank you @GregIacurci for this fantastic piece 🙏
I know it is disturbing the hit on the economy is what is driving the most #LongCovid coverage but I also think these studies highlight the spectrum of disability better than most, & why “mild cases” are still so devastating.
I know it is disturbing the hit on the economy is what is driving the most #LongCovid coverage but I also think these studies highlight the spectrum of disability better than most, & why “mild cases” are still so devastating.
@ahandvanish @mehdirhasan @ChrisCuomo @SFdirewolf @maosbot @chrischirp @VirusesImmunity @PutrinoLab @TraceySpicer @KashPrime @denise_dewald @choo_ek @MVGutierrezMD @WesElyMD @TRyanGregory @patientled @Survivor_Corps @long_covid @LongCovidSOS @BinitaKane @MarkedByCovid @dbkell
• • •
Missing some Tweet in this thread? You can try to
force a refresh
