cover image: Even After COVID-19, the U.S. Labor Market Remains More Stable Than People Think

Even After COVID-19, the U.S. Labor Market Remains More Stable Than People Think

13 Sep 2021

The prevailing narrative is that Americans work in an economy of growing job insecurity, and that new technologies like artificial intelligence have only made matters worse. The report looks at US Bureau of Labor data and finds that if one looks at the broadest of total job loss—defined as jobs eliminated when an establishment closes down or downsizes—the U.S. economy has seen fewer jobs lost as a share of total employment, with similar trends at the individual industry level.
covid-19 labor market employment

Authors

Robert D. Atkinson, Luke Dascoli

Published in
United States of America

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