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Job losses due to COVID-19 and social distancing will disproportionately impact certain occupations and demographic groups of workers. Affected occupations require less education and pay less than other jobs. Workers in these positions are more likely to work part-time. A larger percentage of workers in these jobs are young, female, from minority groups, or a combination of characteristics, such as Hispanic women, than in other jobs. Since social distancing in some form is likely to continue, these demographic groups will bear the brunt of the COVID-19 recession.
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A Tale of Two Economies: US Consumption of Goods versus Services in the COVID-19 Era
December 14, 2020 | RESEARCH REPORT
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