TOM CLARK
A familiar phrase from the news is that coronavirus “doesn’t discriminate.” Perhaps so, but the economic treatment for it assuredly does. While office-based professionals grumble about adjusting to working from home, in all sorts of sectors from hotels to high street stores, where activity relies on the physical presence of customers, there is simply no work to be done-not at home or anywhere else.
And in these industries there are more young people, more women and, most especially, more of the low paid. The numbers in chart 1, crunched by Robert Joyce and Xiaowei Xu of the Institute for Fiscal Studies, reveal that someone at the bottom of the wage range is seven times as likely to be in a business that has ground to a halt as someone at the top.
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