Introduction Over the course of the pandemic, many Americans turned to app-based food-delivery services at unprecedented levels. The Wall Street Journal reported that between March-April 2020, as many localities imposed lockdowns or individuals themselves decided to self-quarantine, new customer acquisitions by food-delivery services increased from 19,810 to 33,376 customers. This sharp increase in business for app-based delivery … Continue reading
Tag Archives: Labor force
The Impact of COVID-19 on Women’s Participation in the Labor Force
Since the COVID-19 pandemic struck in March, the female labor force participation rate has suffered due to the high volume of women who have left the workforce. Though there are many other contributing factors, research posed that those responsible for the most damage are the concentration of women in certain industries, and the need to … Continue reading
Understanding Universal Basic Income
Introduction In December 2018, Finland’s Social Insurance Institution, KELA, terminated their two-year Universal Basic Income (UBI) experiment that aimed to “increase employment and simplify the Social Security system” citing insignificant changes in the employment rate of participants. Despite this outcome, prominent U.S. figures–such as Elon Musk and Mark Zuckerberg– and the California Democratic Party still … Continue reading
Attn Class of 2015: Don’t Be Fooled by Low Unemployment Numbers
It’s graduation season! And according to sources from both the White House and the Fed, the current unemployment rate of only 5.5 percent signals a wealth of opportunity for grads. Furthermore, the unemployment rate has been consistently declining. This means that all of us in Class of 2015 should breathe easy; the time has come … Continue reading
Killing Two Birds With One Stone: Immigration and Social Insurance Programs
When addressing the nation last week, President Obama had only brief remarks regarding immigration reform, simply saying, “let’s get it done”. Perhaps this brevity is emblematic of how unlikely immigration reform has become. While off-putting to some members of Congress, comprehensive immigration reform remains one of the President’s major legislative goals. Though the President has … Continue reading
The Non-Issue of High Youth Unemployment, Part I
The Reality of Unemployment in the Youth Unemployed persons are typically defined by the Department of Labor as people who are not employed but are actively seeking a job. When the Department of Labor measures youth unemployment they take measurements in April and gather numbers through July. April is the beginning of hiring for the … Continue reading
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