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What is the Tradeoff between COVID-19 and Economic Recovery?

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Abstract

Since July 2019, Iowa has lost 3.4% of its labor force and 3.3% of its employment. Nationally, employment is 3.7% below the July 2019 level, and so Iowa is doing slightly better on employment loss. However, the national labor force has fallen only 1.4% and in that way Iowa has performed much worse than the nation on labor force participation. That said, there has been a surge in Iowa's labor force participation from June 2021 to July 2021 as the two-year decrease in labor force participation was -4.7% in June; and thus, there was a substantial improvement in Iowa's labor force participation over the past month.

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  • Peter F. Orazem, 2021. "What is the Tradeoff between COVID-19 and Economic Recovery?," Center for Agricultural and Rural Development (CARD) Publications apr-fall-2021-2, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    • Handle: RePEc:ias:cpaper:apr-fall-2021-2
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    File URL: https://www.card.iastate.edu/ag_policy_review/article/?a=128
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    1. Alejandro Plastina & Wendiam Sawadgo, 2021. "Cover Crops and No-till in the I-States: Non-Permanence and Carbon Markets," Center for Agricultural and Rural Development (CARD) Publications apr-fall-2021-7, Center for Agricultural and Rural Development (CARD) at Iowa State University.
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