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How Has the COVID-19 Recession Affected U.S. Labor across Occupations and Industries?
COVID-19 hit the U.S. labor market hard, but relative changes in employment and hours worked vary across occupations and industries.
Price Volatility and Headline Inflation
Movements in “sticky prices”—items that show low price volatility—may indicate that recent swings in U.S. headline inflation are only temporary.
Which Workers Have Been Most Affected by the COVID-19 Pandemic?
Occupations that earn less than $34,963 on average—such as cashiers, servers and janitors—accounted for 34% of the increase in unemployment from January to April.
The St. Louis Fed's Financial Stress Index, Version 2.0
The St. Louis Fed's financial stress index has been recalibrated to better capture evolving stresses in financial markets.
Journal Article
How Recent Recessions Have Affected Dual-Earner Couples
Employment and hours for married couples with both spouses active in the labor market behaved differently during the two most recent recessions.
Journal Article
Unintended Consequences of Coronavirus-Related Unemployment Insurance Tax Laws
Waived employer payroll tax increases for state unemployment insurance appear to have increased layoffs.
How Job Separations Differed between the Great Recession and COVID-19 Recession
Both the Great Recession and the COVID-19 recession created huge shocks to the U.S. labor market. But job separation rates hit income groups differently during the two downturns.
Market-Based Measures of Inflation Risks
Forecasts typically focus on estimates of expected inflation, but some forecasts look at the probability of different inflation rates in the future.
The Evolution of the Job Finding Rate during the COVID-19 Recession
The unusual nature of the COVID-19 recession appears to have masked the severity of the downturn’s impact on the rate at which unemployed workers found jobs.
How COVID-19 May Be Affecting Inflation
U.S. consumer spending patterns have changed during the pandemic, and that may be affecting the measurement of inflation.