Unemployment Is Higher Among Older Workers Amid COVID-19 -- Here's What to Do
COVID-19 has caused a record number of jobless claims, led the U.S. into a recession, and left millions of Americans coping with reduced hours. But the effects of the novel coronavirus aren't hitting everyone equally. Not only are older workers more likely to face health risks as morbidity rates rise with age but they're also experiencing more severe economic consequences because of it.
If you're one of the millions of Americans nearing retirement age but still in the workforce, it's essential to understand the economic risks the virus presents, both now and in the future, so you can be better prepared to withstand or overcome any negative financial consequences over the long term.
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Source Fool.com