Economy, Strategy & Finance Data Reactions
2020
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The economy is struggling to keep up with the rise in coronavirus cases
July 27 | Agron Nicaj, Associate Economist, The Conference Board | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Comments (0)After weeks of growth following the phased opening of businesses, the US economy is showing signs of slowing down. Many states are experiencing an increase in the number of COVID-19 cases and some have recently reimplemented restrictions, that had been lifted in May-June.
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What types of jobs will experience a large permanent increase in remote working?
July 13 | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Agron Nicaj, Associate Economist, The Conference Board | Frank Steemers, Former Senior Economist, The Conference Board | Comments (0)There is a growing consensus that the share of remote workers will remain well above pre-pandemic rates. But in what types of jobs is this most likely to happen? We project a large increase in remote-working rates for clerical and administrative office jobs, a labor market segment which had relatively low remote-work rates in the pre-pandemic era.
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Small business hiring is recovering
May 20 | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Ben Cheng, Former Researcher, Economics Department, The Conference Board | Comments (0)Early signs from the HWOL data series suggest small employers are leading the ramp up in hiring as the economy begins to reopen.
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We need to look at productivity by industry to understand the depth of this crisis
May 11 | Klaas de Vries, Former Senior Economist, The Conference Board | Ilaria Maselli, Former Senior Economist, The Conference Board | Comments (0)As of May 4, 42 percent of the total French workforce was either fully or partially unemployed, representing 12 percent of total annual hours worked and with an output equivalent of 11 percent of annual GDP. Half of that GDP loss is associated with just three industries: manufacturing, wholesale and retail trade and construction.
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From appliance repair to amusement parks, which goods and services will see the biggest drop in business?
April 27 | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Comments (0)Some of the catastrophic economic and labor market statistics from recent weeks are actually not that important. The bigger question is what happens when the economy opens. While businesses will reopen and millions will return to work, recovery is unlikely to be complete for quite a while. We discuss which consumption categories will see the biggest drop in business during the (slow) recovery.
