
Coronavirus - COVID-19
Drag on Economy: The ‘Temporarily Laid Off’ Who Become Permanent
Goldman Sachs warns that a big swatch of the jobless will end up staying that way.
Pantheon’s Shepherdson finds that need for hiring amid solid economic growth calmed worries.
The 35-day closure will pump the jobless rate up to 4.1% for January, RSM’s Brusuelas says.
Productivity, industry concentration, working insecurity, and baby boomers make up Natixis economist’s list.
Labor demand likely strong enough to keep pushing unemployment down.
It boosts rates as part of an ongoing drive, reminiscent of the pre-Great Recession hiking.