implied by new unemployment claims: we estimate 20 million lost jobs by April 8th, far more than jobs lost over the entire … Great Recession. Second, many of those losing jobs are not actively looking to find new ones. As a result, we estimate the … rise in the unemployment rate over the corresponding period to be surprisingly small, only about 2 percentage points. Third …

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 …

unemployment on workers’ careers. Compared to individuals who became unemployed under more benign conditions, we find greater and …

programs in a pandemic recession. We calibrate the stationary equilibrium and the pandemic shock to the U.S. economy, taking …

We study empirically how various labor market institutions - (i) union density, (ii) unemployment benefit remuneration …

Recession, the primary determinant of the U.S. economic contraction in early 2020 was a sharp drop in domestic demand. Although …

activity, with a positive impact on tourism expenditure and tourism employment, but no effect on total employment. In high-unemployment …