High Wage vs. Low Wage: Comparing Economic Recovery in America
While it’s not uncommon for low wage workers to bear the brunt of an economic recession, this year’s economic collapse has been exceptionally brutal for America’s lower income employees.
Employment rates for high wage workers have bounced back from their spring slump, but unfortunately, the recovery hasn’t been as pronounced for low income workers.
Less than half the jobs lost earlier in 2020 have returned for those making under $20 per hour. To give you a broader perspective, we look at the percent change of employment rates from February through to November 2020.
First published: December 10, 2020 (link)
Source files included: .ai, .eps, .pdf
Data source: Opportunity Insights Economic Tracker
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