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On Friday, the Bureau of Labor Statistics will release its February job report, which is expected to show slight gains in the number of employees at U.S. businesses. Erica Groshen, senior economic advisor at the Cornell University School of Industrial and Labor Relations, says high infection rate and extreme weather conditions is likely to depress what could have been a more significant job growth.

Industrial and Labor Relations

Economics and Business

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The latest monthly employment report to be released on Friday will help show how fast the U.S. economy is rebounding, amidst renewed discussions in Congress over a second stimulus check. Erica Groshen is senior economics advisor at the Cornell University School of Industrial and Labor Relations. She is a former commissioner of the U.S. Bureau of Labor Statistics and vice president of the Federal Reserve Bank of New York, and has written extensively on how economies can recover from recessions. 

Economics and Business

Industrial and Labor Relations

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On Friday, the U.S. Bureau of Labor Statistics will release figures for unemployment in the month of July. Erica Groshen is a senior labor economics advisor at the Cornell University School of Industrial and Labor Relations. She is a former commissioner of the U.S. Bureau of Labor Statistics and vice president of the Federal Reserve Bank of New York, and has written extensively on how economies can recover from recessions.

Economics and Business

Industrial and Labor Relations

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On Thursday, the U.S. Bureau of Labor Statistics will release figures for unemployment in the month of June. Cornell experts Erica Groshen and Murillo Campello are available for interviews about the report and the challenges facing the U.S. job market.

Economics and Business

Industrial and Labor Relations

Cornell SC Johnson College of Business

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Andrew Karolyi, professor of finance and economics at the SC Johnson College of Business, and Erica Groshen, a faculty member at the School of Industrial and Labor Relations, comment on the release of first quarter GDP estimates.  

Economics and Business

Law and Policy

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The U.S. Department of Labor reported on Thursday that 4.4 million workers filed new unemployment claims last week, bringing the total number of claims to 26 million in just five weeks. Erica Groshen says that today’s data reinforces forecasts of a Great Depression-level unemployment rate by the end of April.

Economics and Business

Industrial and Labor Relations

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On Friday, the Bureau of Labor Statistics (BLS) will release unemployment figures for the month of May. The report will shed light on a crucial period of coronavirus-related lockdowns, mid-April to mid-May, and the devastating economic consequences for workers across the country. Daniel Alpert, senior fellow and adjunct professor of macroeconomics at Cornell Law School, and Erica Groshen, senior extension faculty member at the Cornell University School of Industrial and Labor Relations, offer their analysis. 

Economics and Business

Industrial and Labor Relations

Law School

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Erica Groshen, expert is labor statistics, says that Thursday’s data foreshadows the largest one-month increase in unemployment to date.

Economics and Business

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On Friday, the U.S. Department of Labor is expected to release figures for April’s unemployment rate. The report is likely to show the devasting impact of the coronavirus lockdowns on the economy, with the unemployment rate estimated to be over 16% – a record high in U.S. history. Cornell experts, Erica Groshen and Michael Waldman, are available to break down this week’s figures and help explain what a future recovery would look like.

Economics and Business

Industrial and Labor Relations

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Experts at Cornell University are available to discuss the coronavirus in terms of its many impacts on economic productivity, inequalities as well as specific disruptions to various industries. 

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