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Almost all new jobs will be high-paying after Covid and most low-wage workers will have to change careers, McKinsey report says

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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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