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SLGE Releases Survey Report on Public Sector Employee Views on Finances and Employment
On June 18, 2020, the Center for State and Local Government Excellence (SLGE) released its survey report, Public Sector Employee Views on Finances and Employment Outlook Due to COVID-19. The national online survey of over 1,000 state and local government employees assessed their views of the effect of the Coronavirus (COVID-19) pandemic on their finances, job, debt profile and other related issues.
Key findings include:
- 56% of respondents indicated that they and their family have been negatively impacted by the pandemic;
- 65% are concerned that the pandemic and related economic crisis will impact being able to retire when expected;
- 74% are concerned about being financially secure throughout retirement;
- 85% are concerned about the impact on the nature of their job and 63% of those are faced with difficulties adjusting to job changes, particularly remote work;
- 74% have at least some remote job and only 18% worked remotely prior to the pandemic; and
- 65% are very or extremely confident about making financial decisions on their own and 53% are very or extremely confident doing so during the pandemic and related economic crisis.
The report is available here and the infographic is available here.