Pandemic Hit Less-Educated Workers Hardest

A new Federal Reserve survey found the economic fallout from the coronavirus pandemic was concentrated among minorities, women and workers who hadn’t finished high school, the Wall Street Journal reports.

“Three-fourths of U.S. adults reported doing at least OK financially in November 2020, a share that was unchanged from previous years… But that finding masked significant divergences in economic well-being between workers who retained their jobs and those who were laid off, households with more education and those with less, and those who have children versus those without.”

Meanwhile, Gallup reports that 72% of U.S. white-collar workers are still working remotely — compared to 14% of blue-collar workers.