Journal Article

The Unequal Impact of COVID-19: Why Education Matters

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; covid19; education; economic resiliency;

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Bibliographic Information

Provider: Federal Reserve Bank of San Francisco

Part of Series: FRBSF Economic Letter

Publication Date: 2020-06-29

Volume: 2020

Issue: 17

Pages: 5

Note: Full text - article PDF

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