Research highlights economic vulnerabilities of workers - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

They may not get sick Fake News,your fault they have these hardships Pay them for their problems you caused with panic reporting

I do not agree to your awful thinking. Government has done enough to educate people. Now they have to take care of themselves too. Show must go on !People like you with negetive thinking take the nation backward.

Enough with the propaganda. No-one believes you anymore.

Are you kidding essential workers will be no more at risk than they were before for crying out loud

Meanwhile, non-essential workers are expected to come back to the office to work together in small offices and talk face to face in crowded meeting rooms

Lol

What are you talking about

Pffft..... only snoeflake sheep will stress about this decision.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why US is headed for stock market crash, economic depression: David Tice - Business Insider'We have a depression on our hands': The CIO of a bearish $150 million fund says the market will grind to new lows after the current bounce is over — and warns 'a lot more pain' is still to come Just another guess at the future. Next. Can’t read the whole article but was able to notice the name: David Tice 🤣🤣🤣 His old bear fund used to lose money during bear markets. How much trust should you put in this so called CIO? Click bait and waste of time.
Source: BusinessInsider - 🏆 729. / 51 Read more »

A long economic crisis will be the end of founder-friendly deal terms - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Coronavirus: Bay Area tech workers consider relocating to rival regions - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. It’s a little early to start saying work from home boom — lockdowns haven’t even ended and people have no other choice now Terrible logic. If you could live in a place with more to do than any other place, with no traffic and ample extra time to explore, would you move to a rural backward state?
Source: BusinessInsider - 🏆 729. / 51 Read more »

NYC nurse: COVID-19's lasting impact on healthcare workers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Medical Mask - 4 Layers MT170 🌟🌟🌟🌟🌟 4.8/5 Stock available in USA 🇺🇸 Shop Here: Medical_Masks_K Shop Here: Medical_Masks_K Shop Here: Medical_Masks_K 50% OFF | 2 business days shipping 🇺🇸 HIyNtU8n3m 2m followers and you losers get nothing on likes and retweets. Looking at your content, it's easy to see why. Dear Business insider - you are a colluder with fake corporate created virus bogeyman. Thank You.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Mail workers say USPS making it hard to take sick leave in coronavirus - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. additional $75 billion for Covid-19 testing in House Stimulus bill
Source: BusinessInsider - 🏆 729. / 51 Read more »