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Measuring Unemployment in Crisis: Effects of COVID-19 on Potential Biases in the CPS

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NBER2021-01-01 更新2025-01-04 收录
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From February to April 2020, as COVID-19 hit the U.S. economy, the official unemployment rate (UR) climbed from 3.5 percentthe lowest in more than 50 yearsto 14.7the highest since current measurement began in January 1948. This unprecedented, speedy quadrupling of UR coincided with major disruptions

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2021-01-01
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