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http://arks.princeton.edu/ark:/88435/dsp01xg94hs51q| Title: | COVID-19: Investing in black lives and livelihoods |
| Contributors: | Florant, Aria Noel, Nick Stewart, Shelley Wright, Jason |
| Keywords: | Coronavirus infections—United States African Americans—Health and hygiene African Americans—Economic conditions |
| Issue Date: | Apr-2020 |
| Publisher: | McKinsey & Company |
| Place of Publication: | New York |
| Description: | Amid the rising deaths, infections, and possible economic implosion of the COVID-19 pandemic, our country’s most pressing need is to save lives and arrest any plunge into a prolonged recession or depression. The crisis is already hitting major social and economic systems, yet black Americans will experience a disproportionate share of the disruption—from morbidity and mortality to unemployment and bankruptcy.McKinsey analysis shows that black Americans are almost twice as likely to live in the counties at highest risk of health and economic disruption, if or when the pandemic hits those counties. 1 To assess disruption, we evaluated five indicators: underlying health conditions, poverty rate, number of hospital beds, percentage of people in severe housing conditions, and population density. This integrated health and economic perspective describes which counties are likely to take a “one-two punch” due to the pandemic and could get trapped in a vicious cycle of economic instability and poor health.In addition, we found that 39 percent of all jobs held by black Americans—compared with 34 percent held by white Americans—are now threatened by reductions in hours or pay, temporary furloughs, or permanent layoffs, totaling 7 million jobs.Indeed, the pandemic underscores the consequences of the structural disparities that have persisted in this country for centuries while presenting an opportunity to invest in building more equitable systems that will benefit society overall. |
| URI: | http://arks.princeton.edu/ark:/88435/dsp01xg94hs51q |
| Related resource: | https://www.mckinsey.com/industries/public-sector/our-insights/covid-19-investing-in-black-lives-and-livelihoods# |
| Appears in Collections: | Monographic reports and papers (Publicly Accessible) |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| COVID-19-Investing-in-black-lives-and-livelihoods-report.pdf | 1.84 MB | Adobe PDF | Request a copy |
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