Economic Catastrophe: Millions Upon Millions of Jobs That Have Been Lost Are Never Coming Back

by Michael Snyder
The Economic Collapse Blog

Do you personally know people that have lost jobs in 2020? I do, and I am not sure what to tell them. As is the case all over the U.S. right now, there is hope that some of the jobs will still be there when the lockdowns end, but in other cases it looks like the jobs are gone for good. And since virtually nobody is hiring right now, finding new jobs is certainly not going to be easy, and there will be millions of others competing for the few jobs that open up. Of course there will be some that will decide that being a government “contact tracer” is better than not being able to pay the bills, and the mainstream media is aggressively promoting those jobs right now. But what most unemployed workers really want is to go back to their old jobs, but unfortunately many of them will never be able to do so.

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