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