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  • Climate change could mean big pay swings for 10% of U.S. workers (only 11.38 years left)

    09/12/2019 2:07:05 AM PDT · by Libloather · 18 replies
    See BS ^ | 9/11/19 | KATE GIBSON
    Climate change doesn't just threaten the environment - in the years to come it's also likely to worsen income inequality by cutting into the hours, and therefore the pay, of millions of retail workers, according to a new report from the Federal Reserve. Increasingly volatile weather patterns could mean lower income for retail industry employees, who make up roughly 10% of the U.S. workforce, an analysis by Fed economist Brigitte Roth Tran found. That's because extreme temperatures, flooding, storms and other byproducts of global warming also affect patterns of consumer spending - and even whether they go to the store...