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A new McKinsey report on the future of work post-pandemic paints a dire picture for low-wage workers.
The report focuses on the pandemic’s impacts on workers, employment, and the resulting types of jobs in eight different countries. Some of the resulting projections seem to follow a K-shape.
Before the pandemic, almost all low-wage workers who lost their jobs could just move into a different low-wage position, per the report. Post-pandemic, that looks like it won’t be an option anymore.
Workers in low-wage jobs that are “declining” — like food service — will have to make a details ⇒
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