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Keywords:Labor 

COVID-19’s Unprecedented Impact Alters U.S. Labor Market

A staggering 22.03 million initial claims for unemployment benefits were filed from mid-March to mid-April as the COVID-19 pandemic and ensuing stay-at-home policies took hold across the country.
Dallas Fed Economics

Journal Article
Monetary policy and the new normal

Is the economy in for a prolonged spell of slow growth, as some believe, or a burst of innovation and productivity? In either event, policymakers must pay close attention to productivity trends.
Economic Insights , Volume 1 , Issue 1 , Pages 1-4

Pandemic Disproportionately Affects Women, Minority Labor Force Participation

Data showing changes in labor force participation rates for several demographics reveal that women with children, especially Black women, have been disproportionately affected by the pandemic.
Dallas Fed Economics

Pandemic Pushed the U.S. into Recession … and Hourly Wages Rose?

The onset of COVID-19 in spring 2020 prompted an unprecedented rapid rise in the unemployment rate. However, a popular and widely cited wage measure—average hourly earnings (AHE)—rose sharply as the health crisis grew.
Dallas Fed Economics

Real-Time Population Survey Suggests U.S. Job Losses Slowed in Early May

Survey results for the week of May 10 suggest further declines in employment and an increase in unemployment relative to the week of April 26 – May 2, though both changes are within the survey’s margin of error.
Dallas Fed Economics

Reopening the U.S. Economy an Industry at a Time

A novel index of physical contact exposure helps to identify the industries that are the most contact-intensive and might reopen later, as well as lower-contact industries that could reopen sooner.
On the Economy

Back-of-the-Envelope Estimates of Next Quarter’s Unemployment Rate

Layoffs are certainly one of the effects of battling COVID-19. What sort of unemployment rate might we see in the second quarter of 2020?
On the Economy

Failed Background Check, Drug Testing Stall Hiring of Low-Skilled Workers

Many companies seek to add employees as the state economy continues expanding at an above-average pace. But not all can find the workers they need.
Dallas Fed Economics

Pandemic Economic Lifeline: Taxes on Consumption, Labor that Fund Stay-at-Home Subsidies

Stay-at-home subsidies funded by taxes on consumption and labor—activities that contribute to viral transmission—can simultaneously reduce deaths and increase output.
Dallas Fed Economics

The Labor Market May Be Tighter than the Level of Employment Suggests

Nonfarm payroll employment disappointed in April, increasing just 266,000, well below consensus expectations of nearly 1 million new jobs. With payroll employment remaining well below its prior peak, slow job growth would typically suggest weak demand for labor from firms and limited employment opportunities for job seekers. Current conditions in the labor market, however, may be far from typical.
Dallas Fed Economics

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