Labor Paper: The Effects of the Coronavirus Disease on Workers

Labor Paper
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LABOR PAPER
Effects of Covid-19 on Workers
Coronavirus disease (COVID-19) is a newly discovered infectious disease that has affected the world economically. The outbreak of coronavirus has affected the personal lives of Americans in various ways. Many of them work in industries, restaurants and health care facilities have had to lose their jobs while others have had a pay cut. The issue of social distancing and working from home has made most of these businesses to remain completely closed. This means that the economy is not generating any income and that people are surviving on their savings. As a result, the rates of unemployment have continued to increase. This paper will analyze the effects of Coronavirus on employment rates in the United States. Consequently, the paper will analyze policies the American government is supposed to enforce to ensure American employees are protected.
According to economists, the economy of the United States lost more than 701,000 jobs. Additionally, the country is expected to lose another 100,000 jobs in April (Remuzzi, A., & Remuzzi, 2020). Additionally, after the outbreak of the disease more than 10 million Americans applied for the unemployment insurance. This means that the rates of unemployment are expected to increase if the outbreak of coronavirus persists in the United States. In February, unemployment rates increased from 3.5% to 4.4% (Remuzzi & Remuzzi, 2020). To prevent the spread of coronavirus in the country, social distancing guidelines have been very strict and this has made employees apply for the unemployment insurance while others have been laid off by their employers. Survey has also recorded that a lot of employees have recorded themselves as employees but they are absent from work while others have been temporarily laid off. Businesses have also collapsed because of coronavirus. The labor participation rate in America has reduced because people have been put on stay-at-home rules.
Accommodation and food industry has been one of the most affected sector and the one that is at high risk. Administrative, manufacturing and retail businesses have also been affected. However, the increase of global employment will depend on some of the measures countries will put in mitigating the spread of coronavirus. There is a high possibility that at the end of the year, there will be high rates of employment. Economists have projected that there will be more than 25 million unemployed persons in the United States (Remuzzi & Remuzzi, 2020). Coronavirus has been one of the worst global crisis after World War II.
Employees who are employees in the hospitality industry are at a high risk of contracting coronavirus. Data indicates that the hospitality industry has been affected. Employees have been laid off while others have lost their jobs. Low-income employees have also been affected because they have had to lose their jobs after the outbreak of the pandemic. Health care workers are at high risk of contracting the infection since they are at the frontline. More than 6000 nurses have died after they contracted the virus while treating the patients (Remuzzi & Remuzzi, 2020). The nature of their job makes them have an...