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COVID-19’s Impact on U.S. Home Production

From stlouisfed.org

The previous post examined how much time U.S. workers typically devote to home production—such as cooking and doing laundry—when they lose their jobs or see their work hours reduced. This post will look at the change in home production because of the large employment losses during the early months of the COVID-19 pandemic. In a Regional Economist article, St. Louis Fed Research Officer Oksana Leukhina and Zhixiu Yu, a Ph.D. candidate in economics at the University of Minnesota, examined 20 different types of households according to characteristics such as marital status, gender and presence of children in the home. ... (full story)

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  • Category: Fundamental Analysis