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Join the GBA Technology & Innovation Summit 2021 This Week!

Join the GBA Technology & Innovation Summit 2021 This Week!
thatsmags.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thatsmags.com Daily Mail and Mail on Sunday newspapers.

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Labor Productivity In A Pandemic

From the San Francisco Fed this post authored by John Fernald, Huiyu Li, and Mitchell Ochse ....

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Pandemic school closures could create a drag on the economy for years | Hellenic Shipping News Worldwide

Pandemic school closures could create a drag on the economy for years | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Pandemic School Closures Could Create a Drag on the Economy for Years

A study from the San Francisco Fed shows how school closings could impact the economy well into this century. ....

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Future Output Loss From COVID-Induced School Closures

this post authored by John Fernald, Huiyu Li, and Mitchell Ochse
The COVID-19 pandemic has caused massive disruptions to the U.S. educational system. Research on school closures - particularly combined with parental income loss - implies that children are likely to attain lower levels of lifetime education compared with pre-pandemic trends. Projections show learning disruptions could lower the level of annual economic output by 1/4 percentage point on average over the next 70 years. The effect is small the first 5-10 years then peaks at a loss of 1/2 percentage point in about 25 years when the children reach prime working age. ....

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