Around 57 million Americans are now estimated to be job vulnerable because of the novel coronavirus crisis, with minorities affected most severely, according to a report by McKinsey Global Institute.

 

The staggering figure was part of a McKinsey report in April called “COVID-19 and jobs: Monitoring the US impact on people and places.” For context, approximately the same number of jobs — 59 million — are at risk in all European Union countries, the United Kingdom and Switzerland combined.

The report noted that although leisure and hospitality originally were the sectors most affected, the share from positions in retail, manufacturing and nonessential healthcare is growing because “losses associated with the initial shutdown are cascading into knock-on effects.”

 

Source: ABC News

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