The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 


22 Feb. 2021 | Comments (0)

Despite a rebound from December’s job losses, employment gains in January were relatively small and likely overstated by seasonal factors. While there is much uncertainty about the next two to three months, the rollout of the vaccines will be the dominant force driving a strong employment recovery in the hardest hit industries, explains Gad Levanon, Vice President of Labor Markets at The Conference Board. He added that there will be a strong recovery in the second quarter and it will continue for the rest of the year. Elizabeth Crofoot, CED’s Senior Economist, also summarizes the ongoing debate around the appropriate size of the fiscal response. She noted that, in targeting full employment, it is important to find a balance between offsetting the risk of a slowing economy and concerns of inflationary pressures.

  • Sustaining Capitalism Podcast

    Sustaining Capitalism Podcast

    What are the biggest issues facing the American economy and how can they be solved? Join experts from the Committee for Economic Development for non-partisan, fact-based policy responses to pressing economic, educational, and social issues.  

    More from Sustaining Capitalism Podcast

     

0 Comment Comment Policy

Please Sign In to post a comment.

    SUSTAINING CAPITALISM | Play All Episodes

    OTHER RELATED CONTENT

    RESEARCH & INSIGHTS

    WEBCASTS

    COUNCILS

    BLOGS

    PRESS RELEASES & IN THE NEWS

    Support Our Work

    Support our nonpartisan, nonprofit research and insights which help leaders address societal challenges.

    Donate