Member Employment Remains Stagnant
Why have so many more people reported their hours have been reduced? In September, we saw a 33% spike in members reporting their employer cut their hours versus pre-pandemic levels.
Un- and Underemployment Increases from July 2021
In August, the percentage of SaverLife members who indicate they are working at pre-pandemic levels fell 14%.
December Unemployment Update
73% of SaverLife members continue to report that they are unemployed or have lost hours as a result of the pandemic.