New Research: Jobs and Workers Most Economically Impacted by Social Distancing

Posted by Federal Reserve Bank of Philadelphia on April 21, 2020

As the COVID-19 pandemic unfolds, our new research looks at the types of jobs and workers most likely to be economically impacted by social distancing practices. In both the U.S. and in the three states of the Third District (Pennsylvania, New Jersey, and Delaware), at-risk workers are more likely to be younger, to be nonwhite or Latino, and to have lower levels of formal education than lower-risk workers.

At-risk workers tend to earn less than those in lower-risk jobs but nevertheless contribute significantly to their households’ earnings. They are also more likely to rent their homes and have housing costs that eat up more than 30 percent of their household income.

Read more here: https://www.philadelphiafed.org/covid-19/covid-19-equity-in-recovery/which-workers-will-be-most-impacted

The brief is one in a new series on Equity in Recovery that will look at the workers, small businesses, and places most affected by economic disruption caused by the COVID-19 pandemic. These disruptions disproportionately affect communities that were already struggling. We hope these briefs start a conversation about how we can come together to build resilient and inclusive growth.

Learn more: https://www.philadelphiafed.org/covid-19/covid-19-equity-in-recovery