Tuesday , November 5 2024

Job contagion

Summary:
From David Ruccio source Evidence thus far suggests that low-wage workers, most of whom can’t perform their labor remotely, are more likely to either lose their jobs (because of shutdowns, especially in leisure and hospitality) or be forced to continue to work in close proximity to others (either coworkers or customers), and therefore are more likely to contract coronavirus. Moreover, if and when the economy recovers, employers are likely to adopt labor-saving technologies and other forms of automation in sectors outside the work-from-home economy. What that means is that many of the low-wage jobs lost in this downturn will never come back.

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from David Ruccio

Job contagion

source

Evidence thus far suggests that low-wage workers, most of whom can’t perform their labor remotely, are more likely to either lose their jobs (because of shutdowns, especially in leisure and hospitality) or be forced to continue to work in close proximity to others (either coworkers or customers), and therefore are more likely to contract coronavirus.

Moreover, if and when the economy recovers, employers are likely to adopt labor-saving technologies and other forms of automation in sectors outside the work-from-home economy. What that means is that many of the low-wage jobs lost in this downturn will never come back.

David F. Ruccio
I am now Professor of Economics “at large” as well as a member of the Higgins Labor Studies Program and Faculty Fellow of the Joan B. Kroc Institute for International Peace Studies. I was the editor of the journal Rethinking Marxism from 1997 to 2009. My Notre Dame page contains more information. Here is the link to my Twitter page.

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