Events

The economic impact of COVID-19 has been tremendous. In the United States, the unemployment rate measured 13.3% in May, with 42 million initial unemployment claims since early March. The Coronavirus Aid, Relief, and Economic Security (CARES) Act – the third and largest  relief package passed by the federal government – was signed into law on […]

Read Unedited Transcript · Download Slides Using data from ADP, one of the world’s largest human resources management companies, Booth Professor Erik Hurst and his co-authors measure changes in the US labor market during the early stages of this “Pandemic Recession.” They find that US private sector employment contracted by about 21% between mid-February and […]