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Unemployment and under-employment represented $25.8 billion in annual wages not earned in Los Angeles County, $28.2 billion in lost private sector economic activity and $4 billion in tax revenue not generated. In 2012, over a fifth of Los Angeles County's labor force was unemployed or...
Persistent link: https://www.econbiz.de/10012993406
We use high-frequency Google search data, combined with data on the announcement dates of non-pharmaceutical interventions (NPIs) during the COVID-19 pandemic in U.S. states, to isolate the direct impact of state-level NPIs on own-state unemployment in an event study framework. Exploiting the...
Persistent link: https://www.econbiz.de/10014099256
This report uses estimates from the Congressional Budget Office to project an unemployment scenario for the Pandemic Recession. We go on to use detailed unemployment and homeless data from the 2008 Great Recession to estimate the linkage between unemployment and homelessness and forecast the...
Persistent link: https://www.econbiz.de/10013251035
This report estimates the demography, occupations, industries, and communities of California workers who have a high risk of unemployment in the 2020 Covid recession so that they and their employers can be located and provided with timely and effective assistance for preventing economic...
Persistent link: https://www.econbiz.de/10013251036
The paper attempts to build a wage equation, bringing in the concept of indivisibility of labor, and aims at finding out how complete wage equation reduces the immediate unemployment rate or the hazard rate of unemployment.This paper formally derives the standard wage equation considering all...
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