New Report Reveals Extent of Damage from COVID-19 and Shutdowns

Current methods for collecting economic data causes a disconnect between what people are actually feeling in their lives and the numbers being released to the public. That’s why prior to this week, we knew that COVID-19 and subsequent shutdowns have made large impacts on the American economy, but we didn’t know the full scope of...

TAGS: Bureau of Economic Analysis, COVID-19, GDP, Great Depression, Gross Domestic Product, Labor, Unemployment, Unemployment Insurance, Unemployment Rate

Louisiana Economy Suffers One of Worst Declines in the Nation

Due to the damage caused by COVID-19 and government shutdowns, it’s been clear that no state was going to experience any economic growth through the first half of the year. Instead, the major question has revolved around which states’ economies would be hit the hardest. Well the first quarter results are in, and the numbers...

TAGS: Bureau of Economic Analysis, COVID-19, GDP, Get Louisiana Working, jobs and opportunity, Labor