scholarly journals Effects of the COVID-19 Recession on the US Labor Market: Occupation, Family, and Gender

2021 ◽  
Vol 35 (3) ◽  
pp. 3-24
Author(s):  
Stefania Albanesi ◽  
Jiyeon Kim

The economic crisis associated with the emergence of the novel corona virus is unlike standard recessions. Demand for workers in high contact and inflexible service occupations has declined while parental supply of labor has been reduced by lack of access to reliable child care and in-person schooling options. This has led to a substantial and persistent drop in employment and labor force participation for women, who are typically less affected by recessions than men. We examine real-time data on employment, unemployment, labor force participation and gross job flows to document the impact of the pandemic by occupation, gender and family status. We also discuss the potential long-term implications of this crisis, including the role of automation in depressing the recovery of employment for the worst hit service occupations.

2021 ◽  
Author(s):  
Shahidur Rahman Khandker ◽  
Hussain Akhterus Samad ◽  
Nobuhiko Fuwa ◽  
Ryotaro Hayashi

Are subsidies to female education worth supporting to enhance socioeconomic and demographic changes? This paper examines whether or not the Female Secondary Stipend and Assistance Program (FSSAP) in Bangladesh matters. If it does, how much and in what way—on both observed short- and long- term outcomes associated with female education? How did FSSAP impact the education of children, and boys in particular? The paper also explores the impact on female labor force participation, as well as age at marriage, fertility, and other effects on society.


2020 ◽  
Vol 9 ◽  
pp. 11-24
Author(s):  
Aktham I. Maghyereh ◽  
Basel Awartani

This paper investigates the influence of oil on corporate investments in the US. The inference is taken from a large sample which contains data on 15,411 companies over the period that extended from 1984 to 2017. It adds to the literature by showing that non-oil corporate investments in the US respond asymmetrically to oil price changes. In particular, when the oil price increases, the capital spending of companies suffers by more than it benefits from the declines in the price of oil. These results are important in assessing the impact of energy price fluctuations on the long-term investment decisions of US companies.   


2020 ◽  
Vol 45 (6) ◽  
pp. 951-965 ◽  
Author(s):  
Nicole Huberfeld ◽  
Sarah H. Gordon ◽  
David K. Jones

Abstract Federalism has complicated the US response to the novel coronavirus. States' actions to address the pandemic have varied widely, and federal and state officials have provided conflicting messages. This fragmented approach has surely cost time and lives. Federalism will shape the long-term health and economic impacts of COVID-19, including plans for the future, for at least two reasons: First, federalism exacerbates inequities, as some states have a history of underinvesting in social programs, especially in certain communities. Second, many of the states with the deepest needs are poorly equipped to respond to emergencies due to low taxes and distrust of government, leading to inadequate infrastructure. These dynamics are not new, but they have been laid bare by this crisis. What can policy makers do to address the inequities in health and economic outcomes that federalism intensifies? The first section of this article offers a case study of the Mississippi Delta to illustrate the role of federalism in perpetuating the connection between place, health, and economics. The second section examines challenges that safety net programs will face when moving beyond the acute phase of COVID-19. The final section explores near-, middle-, and long-term policy options to mitigate federalism's harmful side effects.


2020 ◽  
Author(s):  
Liana Christin Landivar

In all recent recessions, men’s unemployment has been higher than women’s because they are disproportionately likely to be concentrated in cyclical industries such as construction and manufacturing. This recession has been particularly severe for men and women, as they are both experiencing unprecedented levels of long-term unemployment, along with declining wages. Because of the severity of the recession, married mothers of young children may have increased their labor force participation to compensate for their husbands’ under- or unemployment. Using 2006 and 2010 American Community Survey data, I show that married mothers’ increased labor force participation likely occurred in households that were less economically disadvantaged prior to the recession. The demand for married women’s employment should have been stronger in households where men were employed in industries that were hard-hit by the recession. However, employment rates were lower among women married to men with lower earnings who are or were employed in construction and agriculture, the two industries with the highest levels of unemployment. Because their wives were less likely to be employed prior to the start of the recession, they may have been at a stronger disadvantage in obtaining employment in a tight labor market without recent job experience.


Author(s):  
Victor Supyan

The article aims to show role and significance of long-term innovative factors of economic development of the USA on the verge of the third decade of 21st Century. These critical factors of development are indentified as R&D potential, human capital and role of government economic policy. The author reviews in details composition of expenditures on R&D, shows role of different sectors of economy in R&D performance. It is emphasized that high effectiveness of the US R&D is resulted in leading US position in number of Nobel prizes, in scientific publications, in number of patents. The article reviews the role of human capital, as one of the leading long-term factors of development. As noted in the article the current shifts in the labor force composition are characterized by growth of services and high-tech industries, by high level of labor productivity, as a key indicator of economic effectiveness. It is also revealed that participation rate of labor force has declined over recent years. The US labor force is getting more complex in terms of its ethnic and racial composition. The global expenditures allocated for education in the USA exceed significantly similar expenditures in other advanced countries. The same time it is shown that there are serious contradictions in human capital formation in the US – a share of university graduates in overall population is lower here than in many developed countries. There are also significant disproportions in a sphere of education in terms of racial, ethnic and social equality. The article reviews the contribution of a healthcare system into human capital formation. It is shown that despite of huge expenses allocated for healthcare system and its high technological level, from organizational standpoint the US healthcare system is lagging behind many advanced countries. The author observed also the government role in the economy. Despite many principal characteristics of government regulation standing permanently, the change of republican or democratic administration leads to some changes in government regulation. Similar changes took place when President Trump came into office – he neglected many Keynesian receipts for economy. When new President D. Biden was elected he also suggested new economic policy and eliminated a lot of Trump’s economic neoliberal heritage. New policy is proclaimed including how to struggle 2020 economic crisis.  


Author(s):  
Giuseppe Lisco ◽  
Vito A. Giagulli ◽  
Giovanni De Pergola ◽  
Anna De Tullio ◽  
Edoardo Guastamacchia ◽  
...  

Background: The novel pandemic of Coronavirus disease 2019 (COVID-19) has becoming a public health issue since March 2020 considering that more than 30 million people were found to be infected worldwide. Particularly, recent evidences suggested that men may be considered as at higher risk of poor prognosis or death once the infection occurred and concerns surfaced in regard of the risk of a possible testicular injury due to SARS-CoV-2 infection. Results: Several data support the existence of a bivalent role of testosterone (T) in driving poor prognosis in patients with COVID-19. On one hand, this is attributable to the fact that T may facilitate SARS-CoV-2 entry in human cells by means of an enhanced expression of transmembrane serine-protease 2 (TMPRSS2) and angiotensin-converting enzyme 2 (ACE2). At the same time, younger man with normal testicular function compared to women of similar age are prone to develop a blunted immune response against SARS-CoV-2, being exposed to less viral clearance and more viral shedding and systemic spread of the disease. Conversely, low levels of serum T observed in hypogonadal men predispose them to a greater background systemic inflammation, cardiovascular and metabolic diseases, and immune system dysfunction, hence driving harmful consequences once SARS-CoV-2 infection occurred. Finally, SARS-CoV-2, as a systemic disease, may also affect testicles with possible concerns for current and future testicular efficiency. Preliminary data suggested that SARS-CoV-2 genome is not normally found in gonads and gametes, therefore sex transmission could be excluded as a possible way to spread the COVID-19. Conclusion: Most data support a role of T as a bivalent risk factor for poor prognosis (high/normal in younger; lower in elderly) in COVID-19. However, the impact of medical treatment aimed to modify T homeostasis for improving the prognosis of affected patients is unknown in this clinical setting. In addition, testicular damage may be a harmful consequence of the infection even in case it occurred asymptomatically but no long-term evidences are currently available to confirm and quantify this phenomenon. Different authors excluded the presence of SARS-CoV-2 in sperm and oocytes, thus limiting worries about both a potential sexual and gamete-to-embryos transmission of COVID-19. Despite these evidence, long-term and well-designed studies are needed to clarify these issues.


2021 ◽  
Vol 10 (1) ◽  
Author(s):  
David Western ◽  
Victor N. Mose ◽  
David Maitumo ◽  
Caroline Mburu

Abstract Background Studies of the African savannas have used national parks to test ecological theories of natural ecosystems, including equilibrium, non-equilibrium, complex adaptive systems, and the role of top-down and bottom-up physical and biotic forces. Most such studies have excluded the impact of pastoralists in shaping grassland ecosystems and, over the last half century, the growing human impact on the world’s rangelands. The mounting human impact calls for selecting indicators and integrated monitoring methods able to track ecosystem changes and the role of natural and human agencies. Our study draws on five decades of monitoring the Amboseli landscape in southern Kenya to document the declining role of natural agencies in shaping plant ecology with rising human impact. Results We show that plant diversity and productivity have declined, biomass turnover has increased in response to a downsizing of mean plant size, and that ecological resilience has declined with the rising probability of extreme shortfalls in pasture production. The signature of rainfall and physical agencies in driving ecosystem properties has decreased sharply with growing human impact. We compare the Amboseli findings to the long-term studies of Kruger and Serengeti national parks to show that the human influence, whether by design or default, is increasingly shaping the ecology of savanna ecosystems. We look at the findings in the larger perspective of human impact on African grasslands and the world rangelands, in general, and discuss the implications for ecosystem theory and conservation policy and management. Conclusions The Amboseli study shows the value of using long-term integrated ecological monitoring to track the spatial and temporal changes in the species composition, structure, and function of rangeland ecosystems and the role of natural and human agencies in the process of change. The study echoes the widespread changes underway across African savannas and world’s rangelands, concluding that some level of ecosystem management is needed to prevent land degradation and the erosion of ecological function, services, and resilience. Despite the weak application of ecological theory to conservation management, a plant trait-based approach is shown to be useful in explaining the macroecological changes underway.


SLEEP ◽  
2021 ◽  
Vol 44 (Supplement_2) ◽  
pp. A261-A262
Author(s):  
Jérémie Potvin ◽  
Laura Ramos Socarras ◽  
Geneviève Forest

Abstract Introduction COVID-19 had a tremendous impact on many aspects of our lives and has caused an increase in stress and mental health issues in many people. We have recently found that there was an increase in nightmares during the pandemic in young adults. Since emotions have been associated with both resilience and nightmares, the objective of this study was to investigate the role of resilience and emotional changes in the increase in nightmares observed during the pandemic, in a group of young adults. Methods Resilience, emotions and nightmares were assessed using the Connor-Davidson Resilience Scale-10, the Differential Emotions Scale-IV and an adapted version of the Pittsburgh Sleep Quality Index. Measures were administered to 209 young adults (18–25 years old, 76.1% females). Hierarchical multiple regression models were computed to examine the unique contribution of changes in positive and negative emotions during the pandemic to the increase in nightmares during the pandemic. Analyses were controlled for nightmares and emotions prior to COVID-19, and for gender. The sample was separated in two groups: resilient and less resilient young adults. Results Results show that in less resilient young adults, nightmares prior to COVID-19 (β=.79, p<.001) and increase in negative emotions (β=.21, p=.033) significantly predicted nightmares during the pandemic and explained 67.0% of their variance. In resilient young adults, nightmares prior to COVID-19 (β=.56, p<.001) and gender (β=-.15, p=.04) significantly predicted nightmares during the pandemic and explained 52.0% of the variance. Conclusion Our results show that increase in negative emotions during the pandemic is associated with an increase in nightmares in less resilient young adults, but not in resilient young adults. Furthermore, our results show that in resilient young adults, being a woman is associated with an increase in nightmares during the pandemic. These results suggest that resilience may be a protective factor in managing the impact of negative emotions on nightmares, but only in men. Support (if any):


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