The impact of COVID-19 on families worldwide is indisputable; more than 1.07 million have lost their lives to the debilitating virus. In the U.S., the long-term implications for health and financial stability are still largely a matter of conjecture. But the immediate effects are nothing short of devastating, and new reports show Millennials and Generation Z may be getting hit hardest of all.

While COVID-19 can be infectious and deadly for any individual, many early reports suggested healthy young people were less likely to suffer from severe symptoms or deadly infection. However, that does not preclude young people from falling victim to tremendous – potentially irrecoverable – loss. The death of multiple family members, infection and lingering symptoms, and dramatic loss of economic footholds, are all plaguing the youngest generation of adults in America.

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Take Hannah and Joseph Kim, who were recently profiled via CNN. Hannah, a 22-year-old college student, and her brother Joseph, 17, have been left orphaned by the virus’ deadly spread. In a matter of days, their grandmother, mother, and father were each hospitalized with severe cases of the coronavirus; within months, all three had passed away. In addition to mourning a deeply traumatic loss, the two now also have to consider how they’ll survive without familial support. “For the last few months we didn’t even have the capacity to think about our futures,” Hannah explained; “We were just scrambling to save my parents.”

The CNN report also profiled COVID-19 survivor Josue Martinez. He survived 45 days in a medically induced coma, after contracting the virus from a patron at the CVS where he worked. Described as the sole breadwinner for his family, Josue nearly lost his life in intensive care. However, at 30 years old, he now requires the support of a walker to stay mobile. And he knows this significantly reduces his prospects as a financial provider; he noted, “Any activity I would have been able to do normally, now I’m limited.”

The youngest adults in America also suffer from the country’s highest rates of unemployment. Nearly 50% of Millennials and Gen Z have experienced job loss, pay cuts, or a significant change of financial stability in their household. Now, finding even entry-level work is difficult with millions of unemployed individuals competing for the same opportunities. Recent college graduates are hitting roadblocks to any employment at all – never mind the start of a career. One job seeker recently shared a rejection email with CNBC, proving “over 140 applicants had applied for the single entry-level position, and the company was only proceeding with applicants with at least five years of experience.”

No immediate solutions are clear for young adults, but the narrative about them does need to shift. More 20- and 30-somethings than anticipated are grappling with major health issues after getting COVID. Others have endured catastrophic family loss and they need emotional support. And all young workers, regardless of health, are vying to make a living wage in the most competitive job market of a lifetime. Their physical, emotional, and financial suffering is real – and it’s not going away any time soon.

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Sources: CNN, CNBC