The share of working-age people in the labor force dropped for the third month in a row. The rate ticked down to 62.1% in November, the latest government figures showed, not yet to recover to the pre-pandemic level of 63.4% in February 2020.
More than two years after the coronavirus pandemic began, a desire for social distancing is still keeping some people from going back to work. It’s a decision, medical experts say, that everyone must make for themselves, based on their own circumstances. Some economists, however, say that people opting out of work because of the pandemic may also be having an impact on the country’s economic output.
Workers still have reason to be concerned about COVID-19. Cases and hospitalizations in the U.S. are on the increase and intensive-care units are filling again, a trend that may signal an end to the stable period the U.S. experienced during the fall months. Many states, including New York, Utah and California, have seen a higher rate of new cases.
Hospitalizations and deaths associated with COVID-19 are substantially higher among unvaccinated adults — particularly adults age 65 and older — than among those who are up to date with their COVID-19 vaccinations, according to the CDC. Also read: Report finds Americans with long COVID losing billions in wages, as Moderna sues Pfizer and BioNTech over mRNA patents
“It is more common among older persons, women, the less educated, those who earn less, and in occupations and industries that require many face-to-face encounters,” the researchers wrote. “People who intend to continue social distancing have lower labor force participation — unconditionally, and conditional on demographics and other controls.”
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