Lowest-wage workers lost nearly 7.9 million jobs, while the highest-wage workers gained nearly a million: Employment change from 2019 to 2020, by wage level
| Wage quartile bin | Employment change (actual) | Employment change (if proportionate) |
|---|---|---|
| Lowest fourth | -7,885,537 | -2,401,615 |
| Second fourth | -3,270,060 | -2,401,511 |
| Third fourth | 568,436 | -2,401,593 |
| Highest fourth | 980,955 | -2,401,487 |
Notes: Wages adjusted for inflation using the CPI-U-RS. Employment changes in blue are calculated between 2019 and 2020 in the quartiles set by the 2019 data. Red dots reflect employment changes in 2020 if they were proportionate to the 2019 employment shares. A small amount of noise was added to the wage data when setting wage quartiles to minimize clumping at particular values to ensure equal bin size.
Source: Authors' analysis of Current Population Survey Outgoing Rotation Group microdata.