According to a recent analysis, Long Covid may be preventing up to 4 million full-time workers in the US from finding employment, with the potential cost of those lost income reaching up to $230 billion annually. According to nonprofit Brookings Institution, the financial burden on the US will continue to increase if long-term Covid patients don't start healing at higher rates. The analysis warned that the annual cost of missing wages would reach half a trillion dollars in 10 years if the long Covid population increased by just 10% annually.

According to a recent study in The Lancet, 22% of patients with lengthy Covid were unable to work owing to illness, while another 45% had to cut back on their working hours. "Since the focus of this research is on Americans who are of working age, we shall utilise their 75% labour force participation rate. Therefore, we might conclude that 12.2 million of the 16.3 million working-age Americans with lengthy Covid were employed "the results revealed. The estimated 3 million persons out of work because of lengthy Covid result in $168 billion in lost wages annually based on the $1,106 weekly average pay in the US.



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G GOWTHAM

28/08/2022 12:42 PM