Unemployed or Furloughed: What Now?
More than 40 million Americans have filed for unemployment since the COVID-19 pandemic largely shut down the economy in early March. The unemployment rate is now above 11 percent, the highest mark since the Great Depression. While many states have started reopening, it remains unclear how quickly the economy can recover.
Amid this backdrop, Brighton Jones advisors Matt Mormino, CFP® and Zach Smith, CFP® published an on-demand webinar for individuals and families dealing with the financial implications of being laid off or furloughed.
The discussion offers insights into or actionable recommendations on the following topics:
- Current employment market
- Economic landscape
- Government assistance
- Financial planning steps
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