Layoffs during the COVID-19 Pandemic: Four Findings from WARN Act Data

Abstract: With economic conditions changing so rapidly during the COVID-19 pandemic, the standard layoff indicators that policymakers and analysts use are falling short. These indicators are either not released frequently enough, or they lack geographic or industry information. Some indicators, such as initial unemployment insurance claims, may be less accurate under the current extreme conditions because of processing delays, duplicate claims, and fraud.2

Keywords: COVID-19; unemployment;


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File(s): File format is text/html https://doi.org/10.26509/frbc-ddb-20200827
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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Source: Cleveland Fed District Data Brief

Publication Date: 2020-08-27

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