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IQ: Flu Epidemic Infects Economy

A major flu epidemic in 41 states, of which 29 also report high or severe levels of sickness, is putting a strain on the U.S. economy.

By Industry IQ | Updated on January 31, 2013

A major flu epidemic in 41 states, of which 29 also report high or severe levels of sickness, is putting a strain on the U.S. economy. Employers typically dole out relief costs to the tune of $10.4 billion each flu season, not including indirect costs due to lost productivity and an absent workforce. 

A non-epidemic flu results in the hospitalization of more than 200,000. Although flu season usually peaks in late January or early February, this season’s strain was already severe and widespread by November. The CDC reports 2,257 flu-related hospitalizations so far, and many states are reporting deaths. 

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