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Trade

Employment and Unemployment
commentary
The Pandemic Is Completely Changing the Way We Treat Unemployment
Kathryn A. Edwards @keds_economist
Feb 1, 2021
The Washington Post
Unemployment insurance is the most important fiscal response the United States has during a recession, because it sends timely, targeted, and temporary financial assistance to those directly affected by the downturn. What the CARES Act created—remarkably high benefits for more workers—was a short-term experiment born of necessity, but it could have a lasting influence on public policy.
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International Trade
commentary
RCEP Forms the World's Largest Trading Bloc. What Does This Mean for Global Trade?
Tobias Sytsma
Dec 9, 2020
The RAND Blog
In November, 15 nations signed the Regional Comprehensive Economic Partnership (RCEP), a free-trade agreement of economic and political significance eight years in the making. Why have some heralded RCEP as a landmark agreement?
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Gender Equity in the Workplace
commentary
Women Are Leaving the Labor Force in Record Numbers
Kathryn A. Edwards @keds_economist
Nov 24, 2020
Dallas Morning News
The economic downturn during the pandemic is affecting women workers measurably more than men. There were 2.2 million fewer women in the labor force in October 2020 than there were last October. Investing in childcare and expanding labor laws could keep women employed and buoy the entire economy.
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Refugees
commentary
Five Strategies to Address Employment Hurdles Faced by Young Syrian Women Refugees
Namita Datta, Louay Constant @LouayConstant, Kavell Joseph
Oct 30, 2020
The World Bank Jobs and Development Blog
Young Syrian women refugees face enormous challenges in finding meaningful work in host countries, with many relying on humanitarian aid to meet their basic needs. How can employment obstacles be addressed for young Syrian women refugees in a post–COVID-19 environment?
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Coronavirus Disease 2019 (COVID-19)
blog
'Vaccine Nationalism,' a Pandemic Election, Women in the Workforce: RAND Weekly Recap
Oct 30, 2020
This weekly recap focuses on why 'vaccine nationalism' could be costly, how Americans feel about voting during a pandemic, why women are leaving the workforce, and more.
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Labor Markets
commentary
Sitting It Out? Or Pushed Out? Women Are Leaving the Labor Force in Record Numbers
Kathryn A. Edwards @keds_economist
Oct 23, 2020
The RAND Blog
Added to long-standing challenges such as securing child care and combating pay disparities, the economic downturn due to the COVID-19 pandemic has hit women workers measurably harder than men. The consequences highlight just how much policy has failed to keep up with women's progress.
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International Economic Relations
commentary
A Free Trade Agreement Still Comes with Costs
Charles P. Ries @charles_ries, Marco Hafner
Oct 23, 2020
UK in a Changing Europe
Major issues must be resolved before any UK-EU agreement on post-Brexit trade and economic relations is completed. There will be substantial costs associated with even a zero-tariff trade deal.
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Employment and Unemployment
commentary
For Leisure and Hospitality, Weak Recovery Still Looks Like Recession
Kathryn A. Edwards @keds_economist
Sep 4, 2020
The RAND Blog
By most measures, the workers hardest hit by pandemic shutdowns were those in the leisure and hospitality sector, which includes arts, entertainment, recreation, accommodation, and food services. These jobs, which are still affected by government social distancing regulations, are not all likely to come back before the pandemic truly ends.
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Los Angeles
commentary
Industry Mix in L.A. Area Helps Explain Recent Record Unemployment Rates
Jason M. Ward
Aug 25, 2020
The RAND Blog
The Los Angeles Combined Statistical Area reported more than 270,000 job cuts between March and early August. Considering which industries have cut jobs may provide a window into the area's unique labor market and help explain how the area currently has among the highest unemployment in the nation.
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Market Regulation
commentary
Too Interconnected to Fail
Jonathan William Welburn @jwwelburn, Aaron Strong
Aug 22, 2020
Wall Street Journal
The 2007–08 financial crisis made regulators and lawmakers acutely aware that some financial institutions had become too big to fail. The next big economic crisis may arise outside the financial sector, in highly networked companies that are too interconnected to fail.
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Employment and Unemployment
commentary
What Unemployment Statistics Obscure About Temporary Layoffs
Kathryn A. Edwards @keds_economist
Aug 17, 2020
The RAND Blog
As the broadest COVID-19 shutdowns were underway this spring, a historic number of American workers entered temporary layoff. Those temporary layoffs represent an economy put on pause. What has happened to them since then tells us if the economy can hit play again.
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Humanities and the Arts
commentary
Arts and Cultural Workers Are Especially Vulnerable to the Pandemic
Susan A. Resetar, James V. Marrone, Daniel Schwam
Jul 23, 2020
The RAND Blog
Workers in the arts and cultural industries could be especially vulnerable to the economic shocks of COVID-19. As the United States reopens and decides its future, it should recognize these vulnerabilities, as well as the benefits that the arts and cultural industries offer.
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Employment and Unemployment
commentary
Is the U.S. Stuck with a Fixed Add-On for Unemployment?
Kathryn A. Edwards @keds_economist
Jul 23, 2020
The RAND Blog
When COVID-19 led to millions of Americans losing their jobs, Congress moved to increase unemployment benefits by $600 a week. What should happen when those extra benefits expire?
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International Economic Relations
commentary
The Cost of Brexit Uncertainty and the Negative Implications for the UK Economy
Christian Van Stolk, Marco Hafner
Jul 8, 2020
The RAND Blog
Leaving the European Union has had an overall negative economic effect on the UK economy, and there are additional economic costs associated with the uncertainty surrounding the new relationship. Will there be a deal? And if so, what type of deal is likely?
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Employment and Unemployment
commentary
COVID-19's Depletion of Entry-Level Summer Jobs Can Have Long-Lasting Effects for Young Workers
Matthew D. Baird
Jul 6, 2020
The RAND Blog
Summer is typically when employment for young workers is at its highest. One of the many costs of the pandemic is lower employment rates. For young workers, it's not just an issue of lost wages; there is also an effect on their personal job history.
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International Economic Relations
commentary
Demystifying the Belt and Road Initiative
Rafiq Dossani
Jul 6, 2020
Encompass
Under the Belt and Road Initiative, China works with more than 70 countries to design and implement large infrastructure projects. Why are countries of all stripes turning to China for funding when the world is awash with cash?
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