
By Emily Moss, Kriston McIntosh, Wendy Edelberg, and Kristen E. Broady— The COVID-19 pandemic has inflicted devastating effects on the U.S. economy, with job losses especially concentrated among women, minorities, and low-wage workers. Economists have described the uneven and unequal economic recovery from the COVID-19 recession as a “K-shaped” recovery, characterized by divergent recovery trajectories for the affluent relative to those of less means. While considerable attention has been devoted to examining the…