The Restrained Recovery of State and Local Government Payrolls from the Pandemic Recession
David B. Cashin,
Byron F. Lutz,
William Peterman,
David Ratner and
Sarah Rodman
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David B. Cashin: https://www.federalreserve.gov/econres/david-b-cashin.htm
Byron F. Lutz: https://www.federalreserve.gov/econres/byron-lutz.htm
David Ratner: https://www.federalreserve.gov/econres/david-d-ratner.htm
No 2023-08-04-2, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)
Abstract:
On the eve of the outbreak of the COVID-19 pandemic, state and local government (S&L) employment in the U.S. stood at 20 million. In the first three months of the pandemic, S&L payrolls plunged 1.5 million as social distancing reduced the need for many government services, such as in-person schooling, and S&L governments feared sharp revenue declines.
Date: 2023-08-04
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2023-08-04-2
DOI: 10.17016/2380-7172.3369
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