Wednesday, December 2-8, 2020 - // no. 084
Puerto Rico and the Caribbean
www.theweeklyjournal.com
A Banner Year for FedEx P6 Congress Eyes Acts 20/22 P7 Putting Health First P8
Pandemic Winners and Losers A snapshot of the ‘K’ economy
T
>Courtesy
Rosario Fajardo
Much More Than a Beauty Queen P14-15
rfajardo@wjournalpr.com
@RosarioWJournal
he coronavirus pandemic has not only cost the lives of some 1.5 million around the globe — and about 1,122 lives in Puerto Rico — but COVID-19 has also upended the worldwide economy. With hopes for successful vaccines increasing in the past few weeks, the impact on people’s lives and well-being may still continue for some time. Recent surges in COVID-19 cases in Puerto Rico, the U.S. mainland and around the world have led to concerns of new lockdowns.
But while the pandemic has hurt most sectors of the economy, others have benefited, leading to a so-called “K” economy, in which some industries are doing well, while others are not. This is also true of individuals — the wealthiest may be surviving and even doing well, but small mom-andpop shops and those working in restaurants and other service professions, are doing poorly. In this “K” economy, which sectors are doing well and which ones are hurting?
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