University College London: Unequal Paths to Recovery as Economy Reopens
July 04, 2020
July 04, 2020
LONDON, England, July 4 -- The University College London issued the following news:
Low-income workers are almost twice as likely to be laid-off or furloughed as high-income workers, according to a new UCL study examining income and consumption effects of Covid-19.
The working paper, published by Puey Ungphakorn Institute for Economic Research, highlights that a significant proportion of those low-income workers - 70 percent from the bottom fifth of the income distribut . . .
Low-income workers are almost twice as likely to be laid-off or furloughed as high-income workers, according to a new UCL study examining income and consumption effects of Covid-19.
The working paper, published by Puey Ungphakorn Institute for Economic Research, highlights that a significant proportion of those low-income workers - 70 percent from the bottom fifth of the income distribut . . .