The Post-Pandemic Labor Market’s Long-Term Scars
Even before the COVID-19 crisis, African-Americans, Hispanics, women, and workers without a post-secondary education faced dimming prospects as a result of automation and other trends. Now, these forces have been strengthened, creating an even bigger mismatch between worker qualifications and available jobs.
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BERKELEY – Thanks to the rapid deployment of vaccines, COVID-19 infections, hospitalizations, and deaths in the United States are declining, and pandemic restrictions on economic activity are being eased. But even with labor markets gradually improving, the economic recovery has been slow and uneven, and there is a long way to go.