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Job losses are 4 times worse for the lowest-paid workers so far in the coronavirus pandemic, study shows

Business Insider Thursday, 25 June 2020
Job losses are 4 times worse for the lowest-paid workers so far in the coronavirus pandemic, study shows· More than 35% of all workers in the lowest wage group lost a job through mid-April compared to 9% of workers in the highest-earning group, economists led by Tomaz Cajner of the Federal Reserve Board wrote in a recent paper.
· Employment declines were also four percentage points lower for women than men, the study...
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News video: Low-Paid Workers Hurt More During Surge Of Job Losses During The Pandemic

Low-Paid Workers Hurt More During Surge Of Job Losses During The Pandemic 00:32

A study by the Brookings Papers on Economic Activity showed which jobs were hurt more during the Coronavirus pandemic. According to Business Insider, the lowest-paid workers lost four times more jobs than other workers. More than 35% of workers earning the lowest wages were laid off through...

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