Research highlights economic vulnerabilities of workers - Business Insider

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Research highlights economic vulnerabilities of workers - Business Insider
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Rushing to reopen the country will force essential workers to make a terrible choice: Go broke or get sick

by The University of Chicago, Mongey shared what some of these findings mean. "What some of the main figures in that paper show is, the individuals in jobs which are less able to be done from home, are those which are at the bottom of the income distribution already," he said.

That means the outbreak and lockdowns could lead to a deepening of inequality. "So to that extent, their incomes are going to be falling, whereas those that can work from home, their incomes will be less affected. That's going to lead toward widening in income inequality," Mongey said. Reinforcing that theme, workers who can't do their jobs from home tend to make less than those who can. According to a recent FiveThirtyEightthat also covered this research paper, 80.5% of people in low-work-from-home jobs have no college degree and 61.4% earn below the median income, compared to 42.1% and 40.3% respectively in high-work-from-home jobs. Similarly, in jobs that have high physical proximity to others, 65.9% have no college degree and 60.1% make below the median income.

"Workers in low work-from-home occupations are more likely to have unstable employment. They are less likely to be employed full-time and more likely to have recently experienced unemployment," the researchers wrote in the paper.

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