The Census Bureau’s Grim Take on the Employment Shock During the Pandemic: Not Improving Yet | Wolf Street

The latest survey was for “Week 12” – data collected from July 16 through July 21. It showed that of the adults (aged 18+) in the US, an astounding 51.2% had experienced a “loss of employment income” for whatever reason during the Pandemic. This was up from 47.0% during “Week 1” ended May 5:

By income category, it is clear that the lowest paid workers were the most impacted by the loss of income, with the top income category being the least impacted. This splits into the types of occupations: lower-paid workers in the service jobs of the restaurant and hotel industry and other sectors that got totally crushed, and with the highest-paid jobs being most suitable to working-from-home:

The Census Bureau’s Grim Take on the Employment Shock During the Pandemic: Not Improving Yet | Wolf Street