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One of Ten in U.S. May Have to Switch Occupations Post Pandemic

  • McKinsey sees ‘massive disruption’ to workforce from Covid-19
  • Women, minorities, the young likely to be hardest hit

One out of every ten U.S. workers -- about 17 million, all told -- will likely be forced to leave their jobs and take up new occupations by 2030 as Covid-19’s after-effects destroy huge swathes of low-paying positions in a labor market that was primed for disruption before the pandemic.

Women, minorities, the young and the less educated will probably be the hardest hit by what consultant firm McKinsey & Co. foresees in a new report as an unprecedented hallowing out of low-wage work in retail, hospitality and other industries.