You're listening to an airwave media podcast.

Her money is brought to you by Fidelity Investments.

Fidelity is committed to helping clients through any market conditions with financial

planning and advice when you need it most. Learn more at fidelity.com. Hey everybody it's Gene Chatsky. Thank you so much for being with us today.

So at the time that Catherine Tuggle from her Money.com and I are recording this episode,

more than 41 million Americans have filed for unemployment.

This is since the pandemic began.

We've got the unemployment rate hovering around 15%.

And although we were hoping that many of these job losses if not most of

them would be temporary furloughs and that people could head back to work after just

a few months on pause. We've now got some new data from the

University of Chicago's Booth School of Business that estimates 42% of pandemic-induced layoffs will actually result in permanent job losses.

So discouraging, I wish that I had better news to bring you or even a crystal ball that would help us understand when we might all be able to get back on track.

There are so many unknowns, but for that reason, we decided that we would

put out a special mailbag episode specifically for those of you who are facing job loss or who are worried that a job loss might come their way.

You should know all of us here at Herman Money are rooting for you.

We've got your back as much as we possibly can.

So Catherine, it's nice to talk to you as always.

You is well, Jean, thank you.

What do we have first?

Our first question comes to us from Mary in Ohio.

She writes,

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