From the Document: "Since COVID-19 [coronavirus disease 2019] hit the United States, more than 20 million American workers have become unemployed and countless others have left the labor force altogether. While the labor market disruptions have affected workers in a wide set of industries and occupations, those without a college degree have experienced the most severe impact. Addressing gaps in educational attainment will be important to creating better economic resiliency for individuals against future shocks."
FRBSF Economic Letter 2020-17; Federal Reserve Bank of San Francisco Economic Letter 2020-17
Federal Reserve Bank of San Francisco
Federal Reserve Bank of San Francisco: https://www.frbsf.org/