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COVID-19 abruptly impacted the labor market with the unemployment rate jumping to 14.7 percent less than two months … after state governments began adopting social distancing measures. Unemployment of this magnitude has not been seen since … the Great Depression. This paper provides the first study of how the pandemic impacted minority unemployment using CPS …
Persistent link: https://www.econbiz.de/10012227667
Although economic crises are difficult to predict, their recurrence is a salient feature of emerging market economies. Nevertheless, many developing countries continue to lack an effective policy infrastructure that can mitigate the impacts of economic downturns on employment opportunities...
Persistent link: https://www.econbiz.de/10008837649
crises and global economic downturns, whereas very high unemployment benefits were associated with stronger reductions in …
Persistent link: https://www.econbiz.de/10008852659