Lea Rendell News Today

Louise Sheiner of the Hutchins Center on Fiscal and Monetary Policy interviews Lea Rendell of the University of Maryland, one of the coauthors of a new BPEA study that asks “Where are the missing workers?” Explanations they discuss include fear of COVID-19 and shifting work-life balance preferences.

Americans are inexplicably working one hour less each week than they did before the COVID-19 pandemic hit, according to a new study. 

Americans are spending less time working than they did before the pandemic. That’s good for many of them, but it’s not necessarily great for the inflation-fighting Federal Reserve.

Americans are spending less time working than they did before the pandemic. That’s good for many of them, but it’s not necessarily great for the inflation-fighting Federal Reserve.

Americans are spending less time working than they did before the pandemic. Thats good for many of them, but its not necessarily good for the inflation-fighting Federal Reserve.

The average U.S. workweek has dropped, according to new research. That's enabled some Americans to emulate their European counterparts and spend more time on leisure and other activities.

Americans are becoming more like their European coworkers.

The new trend is causing a headache for the Federal Reserve in its battle to tackle inflation

Average U.S. workweek has dropped by more than a half hour over the last three years

Almost all of the remaining shortfall in U.S. labor force participation is the result of demographic and other trends that predate the COVID-19 pandemic, according to new research that suggests little chance that growth in the number of workers will help ease a tight American job market.