In One Year, Pandemic Forced Millions of Workers to Retire Early
From flight attendants to grocery store managers, older adults made the tough decision to end careers
by Jon Marcus, AARP, March 10, 2021 |
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En español | Retirement is supposed to be a happy time, but Lucie Desmond expects there will be tears when her paperwork comes through.
Desmond, 62, has been a flight attendant for 36 years, most recently on the American Airlines route between Phoenix and London. But after repeated leaves forced by the COVID-19 pandemic, she has put in to retire much earlier than she had planned. I could have done that till I was 70,” Desmond says. “Then COVID hit.
MEXICO CITY, Mar 8 2021 (IPS) - The trend of the Mexican economy during the last two years has not been positive. INEGI, the official bureau of statistics, has just reported that GDP registered a fall of 8.5 percent compared to 2019 with seasonally adjusted figures. But in 2019 GDP also receded, although in far less measure, less than one percentage point. However, it must be considered that the Mexican economy has been falling for 6 quarters (compared to the previous year). Considering the population growth rate (1.2 percent per year), the fall in the GDP per capita is close to 11 percent. This figure matters because it gives a more accurate idea of the size of the downturn. It is also necessary to take into account the two years, since our interest should be now to try to figure out how long the recession will be the endure, that is, when will Mexico reach the pre-pandemic level of GDP.
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