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 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. That s good for many of them, but it s not necessarily good for the inflation-fighting Federal Reserve.