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The Impact of COVID-19 on US Workers and Households
MAY 19, 2020
The economic situation of many US workers and households has done a complete 180 since the emergence of COVID-19. In a previously tight labor market, unemployment rates were at record lows, wages were accelerating, and job satisfaction was rising.
The improvement in labor market conditions, especially for blacks, Hispanics, and workers with lower earnings and education, had led to a reduction in poverty rates and wage inequality. But the COVID-19 crisis is hitting vulnerable populations especially hard and will likely lead to a reversal of these trends.
Join our panel of experts as they examine:
- The industries and occupations that have been most impacted by COVID-19
- The characteristics of US workers that have suffered the most job losses, by age, gender, race, average wage, and educational attainment
- Expected trends in unemployment rates, wages, and labor force participation rates due to COVID-19
- The impact on job satisfaction
- The impact on income and wage inequality and poverty rates
Who Should Attend: Executives with strategic responsibilities, especially in HR, strategy, and finance