High Wage Vs. Low Wage: Visualizing America’s K-Shaped Economic ‘Recovery’
(From Zerohedge)
There are various elements at play, but one key factor driving this unequal recession is the type of work that’s been impacted by the global pandemic.
The sectors that have been most affected, such as accommodation and food services, are the industries that typically employ low wage workers. On the flip side, many high income workers are employed in industries that allow them to work from home.
This article was originally posted here: https://www.ac2news.com/2020/12/high-wage-vs-low-wage-visualizing-americas-k-shaped-economic-recovery/.
