What is the Tradeoff between COVID-19 and Economic Recovery?
Peter Orazem
Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University
Abstract:
Since July 2019, Iowa has lost 3.4% of its labor force and 3.3% of its employment. Nationally, employment is 3.7% below the July 2019 level, and so Iowa is doing slightly better on employment loss. However, the national labor force has fallen only 1.4% and in that way Iowa has performed much worse than the nation on labor force participation. That said, there has been a surge in Iowa's labor force participation from June 2021 to July 2021 as the two-year decrease in labor force participation was -4.7% in June; and thus, there was a substantial improvement in Iowa's labor force participation over the past month.
Date: 2021-10
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Persistent link: https://EconPapers.repec.org/RePEc:ias:cpaper:apr-fall-2021-2
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