The COVID-19 pandemic has upended the U.S. economy and labor market. We assess the initial spike in unemployment due to … the virus response and possible paths for the official unemployment rate through 2021. Substantial uncertainty surrounds … the path for measured unemployment, depending on the path of the virus and containment measures and their impact on …

role for the cyclicality of the unemployment outflow rate, although the contribution of the duration of unemployment is … significant. In contrast, composition effects dampen the cyclicality of the unemployment inflow rate considerably. We further … observe that the initially positive contribution of composition effects to a higher unemployment outflow rate turns negative …

stock and flow data to understand key developments. We find dramatic changes in employment, unemployment and labour market …

unemployment is affected by different labour market institutions (LMI) such as labour taxes, unemployment benefits, employment …The development of the unemployment rate differs substantially between OECD countries. In recent years some countries … experienced a mild increase, other countries had a stable unemployment rate, while there are also 'successful' countries in which …

response successfully offset earnings loses among lower-wage workers, the risk of continued and persistent unemployment remains …

rich individual-level data from the quarterly Labor Force Surveys. We find that the lockdown increases the unemployment …

the unemployment rate and the adverse labor supply effect of the pandemic is more pronounced than implied by the labor …