in World News

New Report Shows How Lockdowns Destroyed The Middle Class

A new report, out Thursday, reveals that COVID-19 lockdowns had a far worse effect on working-class Americans than high-wage Americans.

Data from Harvard University, Brown University, and the Gates Foundation show dramatically different job market recovery for “high wage,” “middle-wage,” and “low wage” workers.

Between January 2020 and March 2021, Americans earning above $60,000 observed a 2.4% overall increase in employment. Meanwhile, workers earning below $60,000 and workers earning below $27,000 saw 4.5% and 23.6% decreases, respectively.

full story at  https://www.dailywire.com/news/new-report-shows-how-lockdowns-destroyed-the-middle-class

Tags: , , , , , , , ,