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美国工人迄今为止已损失了总计1.3万亿美元收入,平均每人近8900美元(英文)

时间:2022-07-07 20:15:01 来源:网友投稿

下面是小编为大家整理的美国工人迄今为止已损失了总计1.3万亿美元收入,平均每人近8900美元(英文),供大家参考。

美国工人迄今为止已损失了总计1.3万亿美元收入,平均每人近8900美元(英文)

 

 CO VID-19

 Business

 Index

 T oday’ s

 pandemic-induced

 economic

 crisis

 is

 having

 a

 devastating

 impact

 on

 people

 and

 businesses around

 the

 world.

 Due

 to the

 spread

 of

 the

 coronavirus

 in

 the

 U .S.,

 and

 government

 stay-at-home

 orders to flatten the

 curve ,

 many

 employers

 are

 facing

 a

 challenging

 new

 reality

 of

 doing

 business.

 SHRM

 (Society

 for Human

 Resource

 Management)

 and

 Oxford

 Economics

 have

 partnered

 to help business

 and

 government

 leaders

 better

 understand

 the

 impact

 of

 the

 novel

 coronavirus

 on

 the

 U.S. workforce

 and

 business

 operations

 by

 surveying

 employers.

 The

 CO VID-19

 Business

 Index

 is

 a

 bi-weekly

 pulse

 of

 how

 the

 pandemic

 is

 impacting

 U.S.

 businesses. The

 Index

 will updated

 every

 two weeks

 through

 June

 2020

 with the

 latest

 snapshot

 of

 this

 dynamic economic

 landscape ,

 and

 identifying

 trends

 that

 will help

 decision

 mak ers

 as

 organizations

 manage getting

 back

 to work.

 Featured

 in

 this

 report: Cycle

 two data

 from fieldwork

 conducted

 between

 4/27/2020

 and

 5/1/2020 , which

 estimates

 lost

 income

 and

 trends

 in

 employment.

 T o

 receive

 the

 index,

 sign

 up

 here .

 CO VID-19

 Business

 Index

 Snapshot

  U .S.

 W ork ers

 Have

 L ost

 $1.3

 T rillion

 in

 Income During

 CO VID-19

 P andemic

  of

 income

 lost is

 from

 those

 who

 lost

 jobs

 of

 income

 lost

 is from

 those

 still working

  is

 the

 average loss

 per

 worke r

 $1.3

 TRILLION

 L OS T

 IN

 U .S.

 W ORKER

 INCOME

 DURING

 P ANDEMIC

 $1.3

 T rillion in annualized

 income

 has

 been

 lost

 by

 work ers

 across

 the

 United

 S tates

 since

 the

 CO VID-19 pandemic

 started. This

 income

 loss

 includes

 employees

 that

 have

 been

 laid

 off ,

 furloughed,

 and

 experienced

 a

 reduction

 in income .

 Figure

 1.

 $1.3

 T rillion in

 Income

 L ost

 Among

 U.S.

 W ork ers

 1.3

 TRILLION

 DOLLARS

 –

 PUT

 IN

 PERSPECTIVE.

 •

 V alue

 of Apple:

 $1.3

 T rillion •

 2019

 U .S.

 discretionary

 spending:

 $1.3

 T rillion •

 U .S.

 W orker

 L ost

 income:

 $1.3

 T rillion •

 Net

 W orth of W orld’ s

 T op

 25

 Billionaires:

 $1.3

 T rillion

 631

 MILES

 (1014.4km)

  T wo

 and

 a

 half

 times

 as

 high

 as

  the

 International

 Space

 S tation

 0. 63

 MILES

 (101km )

 Higher

 than

 the

 “worlds

 tallest

 building”

 Space

 S tation

  248

 miles

 high

  (400km)

 Burj

 Khalifa

 0 .514

 miles

 high

 (0 .827km)

  3.3

 FEET

 (1m )

 The

 height

 of

 a

 chai r

 $1

 MILLION

 $1

 BILLION

 1

 TRILLION

  Sources:

 https://www .barrons.com/articles/apple-stock -1-trillion- value-tim-cook-ceo-microsoft-steve-jobs-51577807170; https://www . cbo . gov/system/files/2020-04/56324-CBO-2019-budget-infographic.pdf;

 https://www . forbes. com/billionaires/

 Job-L oss

 Isn ’t

 the

 Sole

 Cause of

 L ost

 Income

 Survey

 results

 show

 13%

 of hourly

 work ers

 and 14%

 of salaried

 work ers

 were

 laid

 off or furloughed (as

 of April

 24).

 This

 represents

 about

 19

 million work ers

 nationally ,

 roughly

 in line

 with estimates

 from unemployment

 application

 data.

 But

 individuals still working

 are

 experiencing

 the

 financial

 brunt of the

 CO VID-19 pandemic

 as

 well. T wenty

 percent

 of the

 $1.3

 trillion

 in lost

 income

 was

 due

 to earnings reductions

 among

 those

 who

 are

 still employed.

 This

 amounts

 to a

 reduction

 in earnings

 of roughly

 $8,900

 per

 employed

 worker

 on

 average

 (ex cluding the

 self-employed).

  Among

 individuals

 who

 are

 employed,

 hourly work ers

 (9%)

 have

 seen

 a

 reduction

 in hours

 and wages

 while

 salaried

 employees

 (14%)

 have

 had

 a reduction

 or deferral

 of pay

 since

 the

 CO VID-19 crisis began.

 Figure

 3

 shows

 the

 industry

 breakdowns

 for hourly

 and

 salary

 employees.

 Figure

 2.

 Income

 L ost

 by

 Employed

 vs

 Unemployed

 EMPL O YED UNEMPL O YED

  Figure

 3.

 Employed

 W ork ers

 Experience

 Fewer

 Hours

 and

 L ess

 P ay

  A VERAGE

 REDUCTION

 IN

 HOURS/ WA GES FOR

 EMP L O YED

 HOUR LY

 WORKERS

 A VERAGE

 SALAR Y

 REDUCTION/DEFERRAL FOR

 EMP L O YED

 SALARIED

 WORKERS

 A

 L ONG

 ROAD

 T O

 RECO VER Y?

 The

 combination

 of high

 unemployment

 and

 reduced

 income

 for those

 still working

 will have

 long-term

 consequences for cities

 across

 the

 country.

 Since

 the

 beginning

 of this

 crisis

 there

 has

 been

 a

 sharp

 reduction

 in the

 number

 of work ers employed

 across

 all

 metropolitan

 areas

 in the

 United

 States,

 and

 as

 forecast

 by

 the

 Oxford

 Economics

 Cities

 Forecasti ng team, recovery

 will take

 a

 long

 time.

 Oxford

 Economics

 forecasts

 by

 the

 end

 of 2021,

 80%

 of large

 cities

 and

 90%

 of smaller

 cities

 will still not have

 recover ed

 the jobs

 they

 lost

 during

 the

 pandemic.

 Figure

 4

 shows

 U.S.

 jobs

 lost

 in a

 matter of months

 since

 the

 COVID-19

 crisis

 bega n, will take

 years

 to fully recover.

  Figure

 4.

 Slow

 R ecovery

 Ahead

 Across

 U.S.

 Metros

  100%

  90%

  80%

  70%

  60%

  50%

  4 0%

  30%

  20%

  1 0%

  0%

 TOP

 50

 METROS

 O THER

 METROS

 Metro areas

 across

 the

 U.S.

 aren’t

 expected

 to recover

 to pre-pandemic

 employment

 levels

 until mid-2021.

  The

 metros

 expected

 to recover

 fastest—such

 as

 Austin,

 Raleigh,

 and

 San

 Jose—tend

 to have

 a

 large

 share

 of employ ment in the

 professional

 business

 services

 and

 technology

 sectors.

 Traditional

 manufacturing

 hubs,

 such

 as

 Detroit

 and

 Cle veland, aren’t expected

 to recover

 to pre-pandemic

 employment

 levels

 for many

 years

 to come.

 By

 Q4

 of 2024,

 nearly

 four in 10 smaller

 metros

 are

 still not expected

 to be

 recovered

 to pre-pandemic

 employment

 levels.

 U .S.

 Metro Areas

 at

 Pre-P andemic

 Employment

 L evels

 SUR VEY

 RESPONDENT S

 O VER VIEW

 T w i c e

 e a c h

 m o n t h ,

 a

 p a n e l

 o f

 r o u g h l y

 1 , 000

 H R

 p r o fe ss i o n a l s

 w i t h i n

 t h e

 U n i t e d

 S t a t e s

 a r e

 a s ke d

 a

 r e c u rr i n g

 s e r i e s

 o f que s t i ons

 a bo u t

 t h e i r

 or ga n i z a t i on a l

 r e s pons e

 t o

 t h e

 c ri s i s ,

 i n c l u d i ng

 c h a nge s

 i n

 e mp lo y m e n t

 a nd

 s h i f t i ng

 H R

 s t r a t e g i e s .

 T h i s r e po r t

 c ov e r s

 t h e

 s e c o n d

 i t e r a t i o n

 o f

 t h e

 s u r v e y ,

 fi e l d e d

 b e t w ee n

 4 / 2 7 / 2 0 2 0

 a n d

 5 / 1 / 2 0 2 0 ,

 a n d

 i n c l u d e s

 8 7 5

 r e s po n d e n t s .

 Northeast

 South

  Midwest

 W est

 APPENDIX

 Figure

 5

 below

 reviews

 the

 calculations

 behind

 our

 estimates

 of wage

 losses

 for hourly

 and

 salaried

 workers.

 These

 w age losses

 are

 broken

 into two parts:

 (1)

 those

 tied

 to job

 losses,

 and

 (2)

 those

 tied

 to reduced

 compensation

 of remaining workers,

 both

 from reduced

 hours

 for hourly

 workers

 and

 salary

 reductions

 or deferrals

 for salaried

 workers.

  Key

 economy-wide

 estimates

 for total employment

 and

 wages

 are

 based

 on

 2019

 data

 from the

 Current

 Population

 Survey for 142

 million non-self-employed

 workers,

 earning

 a

 total of $7.4

 trillion

 in wages.

  According

 to our

 survey

 respondents—which,

 importantly, are

 drawn

 from SHRM

 members

 and

 are

 not a

 representative sample

 of all

 U.S.

 employers—as

 of April

 24,

 their pre-COVID-19

 employment

 had

 been

 reduced

 by

 13%

 for hourly

 and

 14% for salaried

 workers,

 equivalent

 to job

 losses

 of approximately

 19

 million workers

 when

 extrapolating

 to the

 US

 economy

 a s a

 whole

 (again,

 excluding

 the

 self-employed).

 This

 figure,

 which

 is

 comparable

 to,

 though

 on

 the

 low

 end,

 of other

 recent estimates

 of US

 job

 losses,

 translates

 to $1.0 trillion

 in lost

 wages

 for these

 workers

 on

 an

 annualized

 basis.

  In addition

 to these

 job

 losses,

 however,

 our

 survey

 respondents

 also

 reported

 a

 decline

 in hours

 worked,

 and

 conseq uently of wages,

 of 9%

 for their remaining

 hourly

 workers;

 and

 an

 average

 decrease

 or deferral

 of 14%

 of salary

 for 5%

 of their salaried

 workers,

 for an

 overall

 pay

 decrease

 or deferral

 of 1%

 for remaining

 salaried

 workers.

 Together,

 these

 correspond

 to an

 annualized

 pay

 decline

 of $260

 billion,

 in addition

 to the

 $1.0 trillion

 in lost

 wages

 from workers

 laid

 off or furloughed .

  Figure

 5.

 Summary

 of

 P ay

 Impact

 Calculations

  It

 is

 instructive

 to compare

 these

 results,

 showing

 a

 pay

 decline

 for employed

 work ers

 of 4%

 on

 average ,

 to the

 household survey

 results

 in the

 April

 2020

 Current

 P opulation

 Survey

 released

 by

 the

 BLS

 on

 May 8,

 2020 .

  According

 to the

 BLS

 tabulations,

 which

 are

 relative

 to the

 reference

 week

 of April

 12–18,

 average

 earnings

 for employ ed work ers

 were

 up

 5%,

 from $978

 to $1, 026.

 This

 seeming

 contradiction

 is

 explained

 by

 the

 fact

 that

 the

 two surveys

 me asure different things.

  The

 BLS

 numbers

 estimate

 the

 average

 pay

 of work ers

 employed

 in April

 with the

 average

 pay

 of those

 employed

 in Ma rch and

 find

 a

 pay

 increase

 as

 a

 result

 of the

 preferential

 layoffs

 among

 low-paid

 workers.

 The

 OE/SHRM

 survey ,

 on

 the

 other hand,

 asks

 HR

 professionals

 to estimate

 pay

 changes

 for the

 same

 group

 of work ers

 they

 (still)

 employ .

 It

 is

 important to note that

 the

 CPS

 results

 will not understate

 the

 overall

 magnitude

 of wage

 losses

 in the

 whole

 economy

 but will fail to cap ture the dynamics

 of wage

 losses

 for individual

 workers.