The COVID-19 pandemic has had a devastating impact on the labor market, with more than 40 million Americans who have filed for unemployment. Even as some states have attempted to reopen their economies, allowing 4 million people to head back to work, the unemployment rate still hovers around 16%. And we’re still in the early innings of recovery—perhaps even just batting practice. The recovery ...
2020 will forever be remembered as the year of COVID-19, the illness caused by the novel coronavirus. This year, the term “social distancing” became part of our vocabulary, and virtual proms and online commencement ceremonies became commonplace. According to Georgetown University Center on Education and the Workforce analysis of HIS Markit Forecast Summary of May 2020, on the economic front, 2...
New England colleges and universities are often presented as a source of economic advantage in the New England states for providing a strong talent pool for regional employers. Yet, many state officials and others are questioning the efficacy of colleges and universities in serving regional labor market needs, as employers across New England are currently experiencing pronounced shortages of skill...