First, various enterprises are facing operational difficulties.
Affected by the COVID-19 epidemic, it is difficult for enterprises, both at home and abroad, especially those that mainly rely on offline mode. During the COVID-19 epidemic, people need to avoid large-scale gathering, and relevant departments will also restrict the opening of some offline stores, which will make it more difficult for enterprises. In addition to labor costs, American enterprises are also facing high rents and loans, which is undoubtedly worse for enterprises.
Second, mass layoffs, in order to reduce costs.
Under the background of business difficulties during the COVID-19 epidemic, many enterprises will take certain measures to reduce costs. At this time, labor costs will bear the brunt. Because enterprise business cannot be carried out, it will lead to abnormal redundancy of enterprise personnel. At this point, it is necessary for enterprises to lay off employees. Reduce the labor cost of enterprises, thus reducing the burden on enterprises to some extent.
Third, the high medical expenses prevent people from seeing a doctor normally.
After a series of layoffs, many people lost their financial resources. Because Americans are ahead of the hedonic consumption concept, this undoubtedly breaks their way of life for them. Moreover, in the United States, medical expenses are relatively high for me, and it is even more impossible to see a doctor normally without a source of income.