IF YOU LOSE YOUR JOB, HOW LONG WILL IT TAKE TO REGAIN YOUR INCOME LEVEL?

There are signs that the recession is over and the economy is slowly improving. But, it’s going to take affected American workers a very long time, if ever, to get back to where they were financially before the economy went south. There is only a 25% chance that a worker laid off in a recession will ever regain his or her income level. After five years, a worker laid off in a recession will earn 30% less than those who kept their jobs. Even after 20 years, a worker laid off in a recession will still earn 20% less than those who kept their jobs.

IF YOU LOSE YOUR JOB, HOW LONG WILL IT TAKE TO REGAIN YOUR INCOME LEVEL?

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