Name: 2.3 million more Illinois jobs at risk: The devastating economic toll of the virus in 6 charts
Brand: chicagotribune.com
SKU: chicagotribune-com-107
Availability: OnlineOnly

critic

2.3 million more Illinois jobs at risk: The devastating economic toll of the virus in 6 charts

preview

AdvertisementBy Chicago TribuneMay 12, 2020 at 6:35 amIllinois is facing an unemployment crisis unlike any seen since the Great Depression, as the new coronavirus ravages the economy and puts people out of work.The situation may get worse. In Illinois, 37% of jobs are at risk of ending in furloughs, layoffs, or sharp reductions in hours or pay because of the COVID-19 outbreak, according to a recent analysis from McKinsey Global Institute. But some positions are more endangered than others.Vulnerable jobs are concentrated among low-income workers and people of color, who already than white people.The percentage of vulnerable jobs is slightly higher in Illinois than nationally, but overall, the trends in the state mirror what is going on around the country. Up to one-third — or 57 million — U.S. jobs are vulnerable to economic inactivity caused by the pandemic, according to the analysis.The dire situation “is going to be very hard to come back from,” said Kweilin Ellingrud, a senior partner in McKinsey’s Minneapolis office.“Job gain takes quite a bit longer ... than job losses," she said. “We will be steadily working our way back for a number of years.”The state processed more than 1 million unemployment claims between March 1 and May 2. Illinois’ more populous counties, which employ more people in industries affected by the pandemic, like restaurants, tourism and even manufacturing, tend to have the most vulnerable jobs. Early job losses hit women harder than men, in part because they account for almost two-thirds of employment in hard-hit industries like hospitality, education, health and retail. Hispanic, African American and low-income workers also are more likely to be in vulnerable jobs.Nationally, the states with the most vulnerable jobs are those that have a lot of tourism, which is reflected in hotel, food service and retail jobs. Illinois mirrors that trend. Twitter Twitter Advertisement

AdvertisementBy Chicago TribuneMay 12, 2020 at 6:35 amIllinois is facing an unemployment crisis unlike any seen since the Great Depression, as the new coronavirus ravages the economy and puts people out of work.The situation may get worse. In Illinois, 37% of jobs are at risk of ending in furloughs, layoffs, or sharp reductions in hours or pay because of the COVID-19 outbreak, according to a recent analysis from McKinsey Global Institute. But some positions are more endangered than others.Vulnerable jobs are concentrated among low-income workers and people of color, who already than white...

public

Jonathon Berlin

The Chicago Tribune is a daily newspaper based in Chicago, Illinois, United States, owned by Tribune Publishing. Founded in 1847, and formerly self-styled as the "World's Greatest Newspaper" (a slogan for which WGN radio and television are named), it remains the most-read daily newspaper of the Chicago metropolitan area and the Great Lakes region. It had the 6th highest circulation for American newspapers in 2017.

https://en.wikipedia.org/wiki/Chicago_Tribune

chicagotribune.com

Credible

Speculation

Anecdotal Evidence

Generalization

Stacking the Deck

Appeal to Authority

Straw Man

Slippery Slope

Emotional Appeal

Red Herring

False Dilemma

Illogical

Moral Equivalency

Ad Hominem

Correlation w/o Causation

Semantics

Begging the Question

Faulty Analogy

Non Sequitur

Bandwagon

Dogmatism

Failing Occam's Razor

Biased

Pure Opinion

Hit Piece

Racial Bias

National Bias

Religious Bias

Financial Incentive

Political Agenda

Gender Bias

Misused Image/Video

Study Misinterpreted

Mistake

Misused Term

Science Misrepresented

Factual Error

Satire

Surface Level

Lack of Reliable Sources

Sensational

Not Credible

Investigative

Balanced

Well Sourced

Great Context

sports

entertainment

U.S.

international

business

technology

science

culture

politics

media

health

2.3 million more Illinois jobs at risk: The devastating economic toll of the virus in 6 charts

No article scores yet.

CRITIC REVIEWS

PUBLIC REVIEWS