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Impact on economies

Data graphics, insights from leaders, and stories that illustrate the impact of COVID-19 on economies.

Community and employment impact | Small-business impact | Macroeconomic impact

COMMUNITY AND EMPLOYMENT IMPACT

Report

US Hispanic and Latino lives and livelihoods in the recovery from COVID-19

– Hispanics and Latinos are key to the US recovery but have been damaged disproportionately by the pandemic. Targeted interventions are required to improve their health and economic outcomes.
Report - McKinsey Global Institute

India’s turning point: An economic agenda to spur growth and jobs

– A clarion call is sounding for India to put growth on a sustainably faster track and meet the aspirations of its growing workforce.
Article

Understanding how American workers progress to higher-wage jobs

– Preliminary research findings identify the career pathways that allow workers to move from low-wage jobs to middle-wage or higher-wage jobs.
Interactive

Tracking US unemployment through the COVID-19 crisis

See how unemployment data are changing across states, counties, and sectors.
Article

How COVID-19 has impacted Black-white financial inequality

– COVID-19 has disrupted everything from economic markets to personal finances, but not everyone feels its effects equally.
Webinar

Investing in Black lives and livelihoods: What stakeholders can do

– Black Americans face longstanding economic challenges. The COVID-19 crisis could make these challenges worse. McKinsey partner... Jason Wright discusses ways to support the health and wealth of Black businesses and households.
Interactive

Vulnerable US jobs by demographic group

Low-wage, minority, and younger workers are most likely to hold jobs at risk from COVID-19.
Webinar

Four priorities for supporting Black Americans during and after COVID-19

– COVID-19’s disproportionate impact on Black Americans has underscored persistent structural and systemic issues. Solutions... during the recovery should target four areas.
Interactive

Community movement during the pandemic

Shelter-in-place orders have a significant influence on where people spend their time.
Interactive

Employment impact of COVID-19 across industries and occupations

Up to 57 million jobs are vulnerable, but demand has increased for some job categories.
Article

COVID-19 in the United Kingdom: Assessing jobs at risk and the impact on people and places

– Around 7.6 million jobs, or 24 percent of the UK workforce, are at risk because of COVID-19-related lockdowns. People and places... with the lowest incomes are the most vulnerable.
Article

Reopening India: Implications for economic activity and workers

– Over the next many months, India’s economy will need to operate alongside COVID-19 by building the capability to manage... granular, dynamic, and localized lockdowns and restarts.

SMALL-BUSINESS IMPACT

Webinar

Protecting US small businesses from the impact of COVID-19

– Many small businesses have closed as a result of the COVID-19 crisis. In this McKinsey Live webinar, partner Deepa Mahajan discusses innovations and support mechanisms that could help keep more small companies in business.
Interactive

US small-business vulnerability during the COVID-19 crisis

The most vulnerable sectors include some 1.7 million small businesses.
Article

US small-business recovery after the COVID-19 crisis

– Improving operations and adapting business models can help small businesses in many industries recover. Finding the cash to do... so may be a stretch.
Article

COVID-19’s effect on minority-owned small businesses in the United States

– Already vulnerable, minority-owned small businesses brace for disproportionate impact. Here’s how to help.
Article

COVID-19’s effect on jobs at small businesses in the United States

– Thirty million small-business jobs are vulnerable—a higher share than at larger private-sector employers.

Macroeconomic impact

Report - McKinsey Global Institute

India’s turning point: An economic agenda to spur growth and jobs

– A clarion call is sounding for India to put growth on a sustainably faster track and meet the aspirations of its growing workforce.
Article

COVID-19: Saving thousands of lives and trillions in livelihoods

– Ending lockdowns alone won’t restore confidence or growth. Only when the novel coronavirus is under control will economic... growth resume.
Interview

An interview with Austan Goolsbee

– “The countries that prioritized health not only had better health outcomes, they had better economic outcomes too.”
Survey

The coronavirus effect on global economic sentiment

– In North America and developing markets, respondents’ economic outlook is less favorable than in June. Across regions, views are... more uncertain on COVID-19 recovery but more hopeful on company prospects.
Interactive

Market valuation of sectors in 2020

Explore changes across global industries.
Article

Navigating the post-COVID-19 era: A strategic framework for European recovery

– As Europe’s lockdowns begin to loosen, resources need to be directed with care.
Webinar

The economics of COVID-19: A look at possible scenarios for the next normal

– Although executives express uncertainty about how long the economy will take to recover from the COVID-19 crisis, they can begin... to prepare their organizations for the “next normal.”
Webinar

Reopening national economies: What five countries have done

– There’s no single playbook for reopening economies after COVID-19 lockdowns. This McKinsey webinar provides a comparative look... at five countries’ reopening approaches—and the common power of data.

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