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At the onset of the COVID pandemic, the U.S. economy suddenly and swiftly lost 20 million jobs. Over the next two years, the economy has been on the recovery path. We assess the labor market two years into the COVID crisis. We show that early employment dynamics were almost entirely driven by...
Persistent link: https://www.econbiz.de/10013362041
. Government incentives to production may alleviate high unemployment in this economy, but at the cost of exacerbating sclerosis …
Persistent link: https://www.econbiz.de/10012474151
We use job vacancy data collected in real time by Burning Glass Technologies, as well as unemployment insurance (UI …
Persistent link: https://www.econbiz.de/10012482018
This paper develops a search-and-matching model that incorporates temporary unemployment and applies the model to study … the unemployed. We then use the model to project the path of unemployment over the next 18 months. Under a range of … distinguish between temporary and permanent unemployment and compared to professional and academic forecasts. We find that in …
Persistent link: https://www.econbiz.de/10012482144
stock and flow data to understand key developments. We find dramatic changes in employment, unemployment and labor market …
Persistent link: https://www.econbiz.de/10012599388
foregone unemployment insurance about equally erode the rewards from retaining a job, or starting a new one …
Persistent link: https://www.econbiz.de/10012460070
Almost exactly two years ago COVID-19 spread to the United States. Following the federalism model, the 50 states and their governors and legislators made many of their own pandemic policy choices to mitigate the damage from the virus. States learned from one another over time about what policies...
Persistent link: https://www.econbiz.de/10013191023