#JPMCInstitute is #hiring a research analyst and associate to join the team in Washington, D.C. who will conduct economic research for the public good using propriety de-identified big data within JPMorgan Chase.
The ideal candidate will have experience in statistics, data science, or computer programming and a strong background in economics or another quantitative social science. We are committed to working in intellectually flat, inclusive and diverse teams. Come join us!
Today, the #JPMCInstitute released a new insight documenting the impact of supplemental UI benefits on job finding, spending, and saving of jobless workers btwn April-July 2020. We find little evidence that it discouraged people from returning to work. 1/6 jpmorganchase.com/institute/rese…
Job finding for UI benefit recipients showed no sustained increase after the $600-per-week federal supplemental UI benefit expired. Furthermore, we observe that more than half of jobless workers who received the $600 supplement returned to work before the supplement expired. 2/6
Among jobless workers receiving benefits in Oct, roughly half are facing long-term unemployment, and many are facing repeat unemployment. Labor market prospects for this segment have been especially impacted by the economic effects of the pandemic, warranting continued relief 3/6