Coronavirus job losses hit lower-income workers harder

Coronavirus job losses hit lower-income workers harder

Millions of people lost work as the coronavirus outbreak has resulted in a dramatic weakening in the finances of American households. The pandemic has further resulted in their hours or pay reduced. According to a report released by the Federal Reserve low-wage workers have taken the biggest hit.

pennydreadful
pennydreadful
Blaeingr
Blaeingr 3 weeks

... And there it is... staying home affects those with the lower incomes the most. Of course many of those in the lower income strata have also gottensmacked by COVID-19. But, one should consider that many older adults, who are the greatest risk, also work minimum wage jobs to augment social security.

Joseph Cribari
Joseph Cribari 3 weeks

Well no shit.

Hasegawa Fish
Hasegawa Fish 3 weeks

Amazingly, many lower paid jobs can't just be done from home, study finds.

Dank Duck
Dank Duck 2 weeks

Isn't it odd how any harm or disruption done to business will always hurt lower classes first? Jeez if only leftist could just pick up on the pattern and understand the same applies with increased taxation and legal red tape on businesses.

.Tet.
.Tet. 3 weeks

No shit.

bobby_5150
bobby_5150 2 weeks

The title of the abc article is just f'ing amazing. A low IQ story, written by a low IQ pretend journalists, for low IQ sheeple.

IvoryDove
IvoryDove 2 weeks

Rain hits lower income people harder. Virtually everything hits lower income people harder. That's why people are supposed to get a good job and get out of the lower income level

Boo
Boo 3 weeks

Shucks , All those highschool kids will have to go back on parent allowances.

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