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What is the Difference Between Being Laid-Off and Furloughed

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everydaypower.com

It is no secret that unemployment numbers are skyrocketing across the country due to COVID-19 closures, cautious consumer behavior, and overall uncertainty.

Losing your job, and trying to navigate the unemployment and business jargon, can be a terrifying event for people. Especially if you are trying to understand the difference between being laid-off and furloughed.

What does it all mean, and how are you supposed to navigate all this? Let’s start with the basics and see if it helps make things a little more transparent.

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