“The longer you’re out of work, the harder it is to get re-employed,” said Maria Heidkamp, director of the New Start Career Network at Rutgers University. “I think we’re on the cusp of catastrophic long-term unemployment. The fact that so many of the layoffs we thought were going to be temporary have turned out to be permanent — we’re just not prepared for that right now,” she said.
Prof. Toney and Lina Moe Named St. Louis Fed Fellows
St. Louis Fed Announces 2024-25 Institute for Economic Equity Research Fellows The Federal Reserve Bank of St. Louis has announced a new cohort of nine research fellows selected to conduct research while in residence at the Institute for Economic Equity. “The...