Chicago Booth scholar investigates whether coronavirus-related job losses eventually return. The numbers are finally capturing the full magnitude of the economic downturn caused by the COVID-19 coronavirus pandemic. The U.S. Bureau of Labor Statistics, for example, recently announced a 14.7% unemployment rate for April. But other data also provide a more nuanced and sobering view: … Continue reading 42% of COVID-19 Pandemic-Related Layoffs Could Be Permanent