The study found that more than 3 million people in the United States retire early due to the new crown epidemic

A recent study found that more than 3 million Americans retire early due to the new crown epidemic. This is equivalent to more than half of the employed population lost during the epidemic.

St. Louis Federal Reserve economist Miguel Faria-e-Castro estimates that the momentum of the increase in the number of early retirements shows no signs of abating. As early as April this year, an official survey showed that 2.7 million Americans aged 55 or older were considering retirement earlier than previously planned.

Whether the dramatic increase in the number of retirements is permanent remains to be seen. Whether these people will return, and how many will return, will have a huge impact on the American labor market.

Compared with before the COVID-19 pandemic, the number of employed people in the United States is still reduced by more than 5 million people.