Service sector jobs got slammed early in the coronavirus crisis, now it's tech, legal and other professionals reporting layoffs, pay cuts and furloughs.
When he started coughing last week, Andrew Kerr figured it was just a reaction to his marathon training. To be safe, the paralegal told his boss at a small east Tennessee law firm. But that got him barred from the office for 14 days, without pay.
White-collar workers, who make up a greater share of the economy than ever before, are increasingly getting caught in the fallout.“When I was talking to my parents at first, my dad said, ‘This is going to be a really big impact for service industry workers,” said Erica Newell, who was laid off this week from her job in client success at a Salt Lake City start-up.
“As you are aware, we are facing unprecedented times,” Roger Raimond, a managing partner at the New York law firm Robinson Brog Leinwand Greene Genovese & Gluck, told Doherty worries she won’t be able to pay for her antidepressants and thyroid medicine. She had four calls with recruiters Thursday. One was a scam, and another mentioned having laid off two people that day because work was at a “standstill.”Uncertainty about how quickly things could return to normal is pushing some companies to take a wait-and-see approach, compensation and outplacement experts say, in what had been one of the tightest labor markets in history. Before the pandemic, the U.S.
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