The Unequal Impact of COVID-19: Why Education Matters

Shelby R. Buckman, Mary Daly and Lily Seitelman

FRBSF Economic Letter, 2020, vol. 2020, issue 17, 5

Abstract: Since COVID-19 hit the United States, more than 20 million American workers have become unemployed and countless others have left the labor force altogether. While the labor market disruptions have affected workers in a wide set of industries and occupations, those without a college degree have experienced the most severe impact. Addressing gaps in educational attainment will be important to creating better economic resiliency for individuals against future shocks.

Keywords: unemployment; COVID-19; education; economic resiliency (search for similar items in EconPapers)
Date: 2020
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