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Download full textMcCarthy, Mary Alice; Van Horn, Carl; Prebil, Michael – New America, 2021
When the COVID-19 pandemic plunged the economy back into recession in early 2020, it laid bare a fragile and profoundly inequitable labor market. The economic expansion that reigned from 2009 through 2019 brought historically low unemployment and inflation but failed to reduce income inequality or arrest the decline in the number of high-quality,…
Descriptors: Federal Programs, Employment Programs, Public Policy, Educational Policy
Van Horn, Carl; McCarthy, Mary Alice – New America, 2021
The Congressional Budget Office (CBO) recently projected record-breaking growth in 2021, but it is premature to celebrate this rosy macroeconomic picture. In the same document, the CBO also made an alarming prediction: The U.S. labor market will not fully recover until 2024. Recent U.S. jobs reports reveal the depth of the pandemic-created…
Descriptors: Economic Climate, Labor Market, COVID-19, Pandemics
