FEATURED POST

July 8, 2025
The pandemic changed the U.S. labor market. Here’s how.
It’s been five years since Covid-19 lockdowns brought parts of the U.S. economy to a halt. While the crisis has passed, its impact on the labor market, especially wages, is still unfolding. In February 2020, the U.S. economy was enjoying a Goldilocks moment. Unemployment was 3.5 percent, hiring was steady, and wages were rising modestly faster than inflation.
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