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- 1From:AEI Paper & StudiesExecutive Summary The COVID-19 pandemic saw unemployment claims reach a high of over 33 million in June 2020--over two and a half times the prior record set during the Great Recession. From March 2020 until temporary...
- 2From:Congressional Research Service (CRS) Reports and Issue BriefsEconomic projections (also called forecasts) are predictions about the future behavior of economic and financial indicators. They can help lawmakers in assessing the likelihood of key events such as recessions,...
- 3From:AEI Paper & StudiesSoaring job vacancies have been widely cited as an indication of overheated labor markets pushing up wages and inflation. But have tight labor markets and rising wage rates been the main drivers of the recent surge in...
- 4From:Congressional Research Service (CRS) Reports and Issue BriefsThis In Focus provides an introduction to the official unemployment rate and alternative measures of unemployment, briefly examines the reasons for unemployment, and places the unemployment rate in a broader economic...
- 5From:AEI Paper & StudiesWhen the Trump administration announced the Industry-Recognized Apprenticeship Program (IRAP) model in June 2017, it was a promising development seeking to provide a flexible alternative to the long-standing Registered...
- 6From:Congressional Research Service (CRS) Reports and Issue BriefsApril 4, 2022 Congress has used program criteria to direct federal assistance to areas that are economically distressed or comparatively disadvantaged. Place-based measures frequently associated with economic distress...
- 7From:Congressional Research Service (CRS) Reports and Issue BriefsUpdated March 21, 2022 On March 16, 2022, the Federal Reserve (Fed) raised the federal funds rate (FFR), its main monetary policy tool, by 0.25 percentage points. This was the first time that rates were raised above...
- 8From:The Gale Encyclopedia of Science (Vol. 1. 6th ed.)Automation is the use of scientific and technological principles and control systems (such as computers) to control the manufacture of machines and the development of processes that take over work normally performed by...
- 9From:AEI Paper & Studies
Inflation targeting: How the Federal Reserve abandoned "honest money" for a perpetual inflation tax.
There was a time when the Federal Reserve believed that honest money--i.e., a stable price level--was essential for achieving full employment. Today, retired Fed officials are recommending that the Federal Open Market... - 10From:AEI Paper & StudiesThe COVID-19-related emergency policy interventions in the unemployment insurance (UI) system (1) unfolded quickly and will have long-lasting ramifications. While the Great Recession produced modest policy changes, the...
- 11From:AEI Paper & StudiesKey Points * Rates of food hardship among US households in 2020 were unchanged from 2019, despite sharp increases in the unemployment rate and broad economic disruptions due to the COVID-19 pandemic. * Government...
- 12From:Congressional Research Service (CRS) Reports and Issue BriefsMay 11, 2021 On June 8, 2020, the National Bureau of Economic Research (NBER) announced that the United States entered into a recession in March 2020, a result of the Coronavirus Disease 2019 (COVID-19) pandemic. To...
- 13From:AEI Paper & StudiesAbstract The COVID-19 pandemic and the associated government mandated shutdowns caused a historic shock to the U.S. economy and a disproportionate job loss concentrated among the working class. While an unprecedented...
- 14From:Congressional Research Service (CRS) Reports and Issue BriefsIn the months since the COVID-19 outbreak was first diagnosed, it has spread to over 200 countries and all U.S. states. The pandemic has negatively affected global economic growth beyond anything experienced in nearly a...
- 15From:Congressional Research Service (CRS) Reports and Issue BriefsIn the months since the COVID-19 outbreak was first diagnosed, it has spread to over 200 countries and all U.S. states. The pandemic has negatively affected global economic growth beyond anything experienced in nearly a...
- 16From:AEI Paper & StudiesKey Points * The incoming Joe Biden administration has three workforce pillars, none of which addresses more near-term COVID-19 recovery steps or funds to support state and local workforce and training systems. *...
- 17From:Congressional Research Service (CRS) Reports and Issue BriefsNovember 24, 2020 Americans aged 55 and older account for approximately 30% of the overall population in 2020, representing older workers approaching retirement and current retirees and totaling about 100 million...
- 18From:Congressional Research Service (CRS) Reports and Issue BriefsUpdated November 6, 2020 The U.S. economy has seen historically high levels of unemployment as a result of the Coronavirus Disease 2019 (COVID-19) pandemic. This In Focus provides an introduction to the official...
- 19From:Congressional Research Service (CRS) Reports and Issue BriefsNovember 30, 2020 Personal income measures the resources an individual accrues over a period of time. Typically, measures of personal income move in line with the business cycle (the pattern of economic expansions and...
- 20From:AEI Paper & StudiesWith the coronavirus pandemic causing historic labor market disruptions in spring 2020 and the federal government mounting an equally historic legislative response, the American Enterprise Institute commissioned a survey...