It was precisely a 12 months in the past at present that the World Well being Group declared the Covid-19 outbreak to be a pandemic. Totally different components of the nation began closing issues down at totally different occasions final 12 months, however we suspect that lots of people might be recognizing this horrible 1-year anniversary within the coming weeks, a 12 months for the reason that first time we realized that this pandemic was gonna have an enormous impact on all our lives.
After all, there has additionally been an enormous impact on the US financial system. At the moment on the present, a 12 months after the pandemic began, we wished to mirror on two of the largest financial classes we have discovered in regards to the pandemic financial system. We’re presenting a giant batch of indicators in regards to the gaps in how totally different teams of individuals have skilled the financial system and the stunning ways in which financial policymakers have responded.
Hyperlinks to Different Assets:
New York Fed Examine on Disparate Results of the Pandemic on Excessive and Low Wage Employees
Washington Submit Article “The Covid-19 Recession is the Most Unequal in Trendy U.S. Historical past”