This year's nasty flu is costing businesses billions

A nasty flu season means workers are staying home, and it's costing employers a bundle.Businesses can expect t...

Posted: Feb 3, 2018 1:10 PM
Updated: Feb 3, 2018 1:10 PM

A nasty flu season means workers are staying home, and it's costing employers a bundle.

Businesses can expect to take at hit of at least $15.4 billion in lost productivity due to this year's flu season, according to a study released Friday by outplacement firm Challenger, Gray & Christmas Inc.

Flu activity is now widespread in 48 states and Puerto Rico, according to the CDC's most recent weekly report.

This year's season is especially bad because the the flu vaccine isn't working well to combat the predominant strain, H3N2.

Related: Can Amazon do to health care what it did to books?

The CDC predicts that 18 million employed adults will miss four workdays due to the flu.

If those employees are making the average hourly wage of $26.63, employers could be out more than $15.4 billion -- 64% more than Challenger estimated it would cost businesses last month.

In January, the firm estimated that the flu season could cost businesses $9.4 billion dollars in lost productivity.

This flu season has already killed at least 53 children in the United States, according to the CDC.

There are 126,117 new laboratory-confirmed cases of the illness, according to CDC tracking data. These numbers do not include all the people who have had the flu, as many do not see a doctor when sick.

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Indiana Coronavirus Cases

Data is updated nightly.

Cases: 587049

Reported Deaths: 9287
CountyCasesDeaths
Marion810691296
Lake44121665
Allen31797541
Hamilton28178303
St. Joseph26684369
Elkhart24057340
Vanderburgh18519213
Tippecanoe17305121
Johnson14398284
Porter14342159
Hendricks13793241
Madison10509212
Vigo10432171
Clark10151129
Monroe9029108
Delaware8782129
LaPorte8721153
Kosciusko784677
Howard7834137
Warrick636790
Hancock633297
Bartholomew624294
Floyd6098105
Wayne5903156
Grant5799109
Dubois541670
Boone531467
Morgan512388
Marshall492484
Henry491164
Cass469060
Noble458757
Dearborn454544
Jackson413145
Shelby401178
Lawrence379475
Clinton363639
Gibson355056
DeKalb336363
Montgomery333851
Harrison326042
Knox325439
Miami308243
Steuben304940
Adams294435
Whitley292325
Wabash291645
Ripley290845
Putnam282447
Huntington281257
Jasper280733
White265738
Daviess260772
Jefferson248538
Fayette241348
Decatur241282
Greene232460
Posey230026
Wells228547
LaGrange223461
Clay216432
Scott216437
Randolph207540
Jennings191335
Sullivan188531
Spencer179917
Fountain178625
Washington175018
Starke170741
Jay162021
Fulton158829
Owen157837
Carroll151315
Orange150533
Rush148118
Perry145327
Vermillion144333
Franklin142533
Parke12788
Tipton127332
Pike113125
Blackford107022
Pulaski94637
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Crawford7479
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