How Has the COVID-19 Recession Affected U.S. Labor across Occupations and Industries?
Amburgey, Aaron; Birinci, Serdar (2020-11-09)
COVID-19 hit the U.S. labor market hard, but relative changes in employment and hours worked vary across occupations and industries.
On the Economy

Price Volatility and Headline Inflation
McCracken, Michael W.; Amburgey, Aaron (2021-08-24)
Movements in “sticky prices”—items that show low price volatility—may indicate that recent swings in U.S. headline inflation are only temporary.
On the Economy

Which Workers Have Been Most Affected by the COVID-19 Pandemic?
Birinci, Serdar; Amburgey, Aaron (2020-07-30)
Occupations that earn less than $34,963 on average—such as cashiers, servers and janitors—accounted for 34% of the increase in unemployment from January to April.
On the Economy

The St. Louis Fed's Financial Stress Index, Version 2.0
Amburgey, Aaron; Kliesen, Kevin L.; McCracken, Michael W.; Bokun, Kathryn (2020-03-26)
The St. Louis Fed's financial stress index has been recalibrated to better capture evolving stresses in financial markets.
On the Economy

Journal Article
How Recent Recessions Have Affected Dual-Earner Couples
Birinci, Serdar; Amburgey, Aaron (2022-02-18)
Employment and hours for married couples with both spouses active in the labor market behaved differently during the two most recent recessions.
The Regional Economist

Journal Article
Hires and Separations During the COVID-19 Crisis by Firm Size
Birinci, Serdar; Amburgey, Aaron (2022-03-29)
The negative effects of the COVID-19 crisis were larger for firms with under 50 employees, even with loans from the Paycheck Protection Program.
Economic Synopses , Issue 8 , Pages 1-3

Journal Article
The Great Resignation vs. The Great Reallocation: Industry-Level Evidence
Birinci, Serdar; Amburgey, Aaron (2022-03-04)
Some workers have experienced the Great Resignation, but others have gone through the Great Reallocation— transferring from one job to another.
Economic Synopses , Issue 4 , Pages 1-2

Journal Article
Unintended Consequences of Coronavirus-Related Unemployment Insurance Tax Laws
Amburgey, Aaron; Birinci, Serdar (2020-04-17)
Waived employer payroll tax increases for state unemployment insurance appear to have increased layoffs.
Economic Synopses , Issue 21

How Job Separations Differed between the Great Recession and COVID-19 Recession
Birinci, Serdar; Amburgey, Aaron (2021-06-22)
Both the Great Recession and the COVID-19 recession created huge shocks to the U.S. labor market. But job separation rates hit income groups differently during the two downturns.
On the Economy

Market-Based Measures of Inflation Risks
McCracken, Michael W.; Amburgey, Aaron (2021-03-24)
Forecasts typically focus on estimates of expected inflation, but some forecasts look at the probability of different inflation rates in the future.
On the Economy