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The pandemic hurt low-wage workers the most—and so far, the recovery has helped them the least

Date Added to Library: 
Monday, August 23, 2021 - 13:51
Priority: 
normal
Individual Author: 
Bateman, Nicole
Ross, Martha
Reference Type: 
Research Methodology: 
Published Date: 
07/28/2021
Published Date (Date): 
Wednesday, July 28, 2021
Year: 
2021
Language(s): 
Abstract: 

The recession associated with the COVID-19 pandemic announced itself in spring 2020 with head-spinning job losses: 22 million lost jobs within two months, a shock that is hard to overstate.

But aside from a brief winter setback due to surging COVID-19 cases, the U.S. economy has, fortunately, gained jobs each month since this initial hemorrhage. Earlier this month, the Bureau of Labor Statistics (BLS) announced the economy added an expectations-beating 850,000 jobs in June, and wages also rose. This is unreservedly good news, but the economy is still down 7 million jobs, long-term unemployment is up, and many workers and families continue to struggle. (author abstract)

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