As of April 2021, only 1 in 5 workers (18.3%) worked from home due to COVID. Black and Hispanic workers are less likely to be able to telework. 1/n epi.org/blog/only-one-…
At the beginning of the pandemic, @hshierholz and I showed that not everybody can work from home, with the ability to telework differing enormously by race and ethnicity. epi.org/blog/black-and…
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When we look over the pandemic yea, large disparities remain: only one in six Hispanic workers (15.2%) and one in five Black workers (20.4%) are able to telework due to COVID, contrasted with one in four white workers (25.9%) and two in five AAPI workers (39.2%). 3/n
Job characteristics also matter when it comes to who gets to work from the safety of their homes. Private-sector workers, part-time workers, and hourly workers are less able to telework than others. 4/n
As of April 2021, the disparity in teleworking across educational level persists. About one in three workers with a bachelor’s degree or higher still teleworked as a result of COVID (33.8%), compared with about one in 20 workers with a high school degree or less (4.8%). 5/n
Today's jobs report is a promising sign that the recovery is on track. The labor market added 559,000 jobs in May and the unemployment rate fell to 5.8%.
+559k jobs in May is slightly better than the average growth of the prior 3 months. If this pace continues over the next year, we will likely get down to 4% unemployment by mid-2022 and will be fully recovered before the end of 2022, fully absorbing losses plus population growth.
Employment in leisure and hospitality continues to record strong improvements, gaining 292k in May on top of 328k in April, and 227k in March.
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The COVID-19 pandemic has exacerbated underlying disparities in the health and economic wellbeing of people across the country. Segregated cities and neighborhoods have devastated many—disproportionately Black and Hispanic communities—others less so. 1. journals.lww.com/lww-medicalcar…
Some families have seen multiple family members and friends become seriously ill or lose their jobs, while others have come away relatively unscathed (and in some cases, prospered).
See @LarryMishel+@joriskywalker's latest on the growth in CEO pay: epi.org/blog/prelimina…
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Millions of workers have risked their health and the health of their families by going to work in-person, while others have been able to work from home and don’t regularly encounter those facing the pandemic’s wrath. 3. epi.org/blog/only-one-…
The Job Openings and Labor Turnover Survey continues to show weaker levels of hires than before the recession hit.
Any hope for a quick recovery is off the table unless Congress acts now.
Last week, the Bureau of Labor Statistics (BLS) reported that, as of the middle of November, the economy was still 9.8 million jobs below where it was in February and job growth slowed considerably in November. epi.org/press/recovery…
Today, six months into the recession, when the labor market has seen the sharpest employment declines in our lifetimes, we will get the latest jobs data and learn about how workers are faring. It will confirm what we already know: continuing economic pain. epi.org/blog/what-to-w…
Today, the BLS reports an increase of 1.4 million jobs in August. In normal times, this would be an enormous jump, but it represents a noted slowdown in the pace of job growth. At this point, the U.S. economy is still down 11.5 million jobs from where it was in February.
In August, the economy is still down 11.5 million jobs from where it was in February (11.8 million if you remove the temporary Census jobs). With this kind of slowing job growth we've seen over the last couple months, it will take years to return to the pre-pandemic labor market.
After historically fast growth in May and June, July's jobs report is sure to disappoint. Because so many jobs were lost in March and April, the economy remains 14.7 million jobs short, and a full recovery even with rapid growth is many months away. epi.org/press/two-mont…
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As COVID-19 has spread rapidly throughout the country, various other data released since the jobs report reference period in mid-June suggest—at best—a stalled recovery. At worst, we could see job losses for July.
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The U.S. economy remains in an enormous jobs deficit—we were down 6.4 million jobs at the end of April (according to the JOLTS data), and down 19.6 million at the middle of May (according to the monthly employment data). 1/n epi.org/blog/the-u-s-e…
The JOLTS data showed that 6.4 million jobs were lost from the end of March to the end of April. The monthly jobs report straddle these numbers, showing that 20.7 million jobs were lost from mid-March to mid-April, and 2.5 million jobs were gained from mid-April to mid-May. 2/n
Together, the JOLTS data and the monthly employment numbers paint a picture of the peak of job loss in this recession being in late March or early April, and people beginning to go back to work by the beginning of May. epi.org/press/while-we…
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