Employment in the Post-COVID-19 Economy

Episode Details

Former Chairman of the Council of Economic Advisers (CEA) under President Obama, Jason Furman joins EconoFact Chats this week to discuss the economy’s emergence from the COVID-19 recession. Even as widespread vaccination spurs economic recovery, Furman highlights that challenges remain––notably, the current shortfall of nearly 7.6 million jobs, as compared to February 2020, and the possibility of long-run adverse effects for workers just entering the labor force. He also considers the prospects for higher ongoing inflation and the challenges that would present.

Furman concludes the discussion by reflecting on his experiences at the CEA.