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Pandemic

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The Impact Of The Covid-19 Pandemic On Labor Market Conditions In Nevada: A Preliminary Assessment, John P. Tuman Aug 2020

The Impact Of The Covid-19 Pandemic On Labor Market Conditions In Nevada: A Preliminary Assessment, John P. Tuman

Political Science Faculty Research

This study provides a preliminary assessment of the impact of the pandemic on labor market conditions in Nevada. The analysis applies a locally weighted regression method (Lowess curve fitting) to time‐series data on weekly initial and continuing unemployment claims. Other measures of labor market outcomes are also included in the analysis. The findings suggest that while baseline conditions were relatively stable, the pandemic has generated an increase in unemployment in Nevada, and a steep rise in the number of unemployed workers covered by unemployment insurance. However, the largest growth in initial weekly unemployment claims may have already occurred. In addition, …