This quick blog post helps cut through the confusion with labor labor market data right now. 1/ epi.org/blog/at-least-…
TL;DR: Right now, 21.5 million workers are either officially unemployed or otherwise out of work because of the virus, and another 11.5 million are employed but have seen a drop in hours and pay, for a total of 33 million workers directly hurt by the COVID recession. 2/
And that doesn’t count those who lost a job or hours earlier in the pandemic but are back to work now. The cumulative count of those harmed would be much greater. 3/
The 33.0 million also ignores the fact that even workers who are employed and haven't had their hours cut are hurt by the recession. When job openings are scarce, workers’ leverage dissolves. Employers don’t have to pay well when they know workers don’t have outside options. 4/
Actions to boost the economy and create or save over 10 million jobs have been held up by Senate Republicans. This is a preventable disaster for the workers of this country, all on the hands of Senate Republicans unless they pass these provisions. 5/
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.