Foreword
by CATHERINE COLLINSON
CEO and President of Transamerica Institute and Transamerica Center for Retirement Studies
Looking back, it is hard to believe that the US unemployment rate was at a historic low at the beginning of 2020—and that by April, it had skyrocketed to heights unseen since the 1930s and the Great Depression. In addition to being a public health crisis, the Covid-19 pandemic wreaked havoc on businesses and disrupted longstanding employment trends. Some businesses successfully adjusted to the new environment, while others permanently shuttered.
Employment shocks can be daunting for everyone, but they can be especially challenging for older workers. Time and again, history has shown that it is more difficult for older workers ...
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