DISPARITIES IN REAL TIME

Online job posting analysis shows the extent of the pandemic's damage, especially to women and youth

The pandemic decimated the labor market at record speed. Official data reported on a quarterly or even monthly basis have struggled to keep pace with a wave of unemployment unseen since the Great Depression. Labor market data produced during the current crisis can paint a confusing picture of the job market, as compilers of official data have struggled to account for furlough programs and part-time jobs and have thus disseminated the data with cautions about high levels of uncertainty.

https://www.imf.org/external/pubs/ft/fandd/2020/12/value-of-real-time-data-in-covid-crisis-chen.htm?utm_medium=email&utm_source=govdelivery