Work in the Time of COVID: Results from the Yale Labor Survey

Christopher Foote, William Nordhaus and Douglas Rivers
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Douglas Rivers: Stanford University

No 2240, Cowles Foundation Discussion Papers from Cowles Foundation for Research in Economics, Yale University

Abstract: The Yale Labor Survey (YLS) uses online panels to estimate the state of the US labor market in real time. It is designed to parallel the US government's monthly labor force survey and present weekly information rapidly and inexpensively. Using an experimental design, the YLS estimates that the US unemployment rate peaked in late April and improved substantially by mid-June. The YLS unemployment rate in mid-June is estimated to be 15%, down about 2 percentage points from mid-May.

Pages: 12 pages
Date: 2020-06
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