The Audacity of Slope: The Economy in 2020 and Beyond
Despite a strong start to 2020, including a record low unemployment rate and surprisingly strong job growth in both January and February, the longest expansion in US history came to a screeching halt the week of March 9th when over three million persons filed first-time claims for unemployment in the face of the first state lockdowns in response to Covid-19. As each week brought progressively more states into economic suspension, we begin to wonder when our industry and economy will begin to recover and what shape will it look like. Read the full Palmer-Donavin article on the economy’s recovery by Economist, Elliot Eisenberg, Ph.D
Despite a strong start to 2020, including a record low unemployment rate and surprisingly strong job growth in both January and February, the longest expansion in US history came to a screeching halt the week of March 9th when over three million persons filed first-time claims for unemployment in the face of the first state lockdowns in response to Covid-19. As each week brought progressively more states into economic suspension, we begin to wonder when our industry and economy will begin to recover and what shape will it look like. Read the full Palmer-Donavin article on the economy’s recovery by Economist, Elliot Eisenberg, Ph.D
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