Tag: COVID recession
The researchers found that the stresses and financial strains on parents from the Depression’s extraordinarily high unemployment over a protracted period of time did long-term damage to the health and careers of their children that persisted late into their lives. In a separate but related paper, they also found that people exposed to the Depression in utero experienced…
Yes, and particularly among the higher paid. While older workers were not disproportionately affected by the COVID-19 Recession, many older workers, like their younger counterparts, did experience layoffs. To what extent did these job exits lead to retirement and how did the pattern vary by earnings levels? To answer this question, a new CRR study…