Less-Educated Workers Face Erratic Schedules, Unpredictable Incomes

“Federal Reserve Chairwoman Janet Yellen has spoken out about the need for better educational opportunities for low-income communities. A new survey from the central bank suggests the challenge is an uphill one marred by high levels of unpredictability and instability for less-educated workers. The Fed’s latest Survey of Household Economics and Decisionmaking, a trove of workforce data derived from the survey responses of more than 6,600 respondents, sheds light on the irregular schedules many less-educated workers face. The 2016 survey, released Friday, added a number of new questions this year about how workers’ schedules vary, on whose terms and how much notice workers are given about their schedules.”