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Wage Gap Becomes Unscalable Ravine for Too Many
Updated On: May 22, 2020
May 22, 2020 | ECONOMY | Income inequality, already a significant issue for the nation’s workers before the coronavirus pandemic outbreak, has exploded in recent weeks due to tens of millions of U.S. workers who have lost their jobs. And even once more people return to work, the wage gap is unlikely to improve significantly. The Federal Reserve Bank last week reported that nearly 40 percent of low-wage workers lost their jobs in March, bearing the brunt of the economic fallout. That compares to 13 percent of those who make more than $100,000 a year. A big difference is that those who earn more are much more likely to be able to work from home than those who earn the least… Teamsters
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