Opportunity Insights report suggests targeted social insurance programs may be more effective than U.S. economic recovery strategies.
The 2019–29 projections do not include impacts of the COVID-19 pandemic and response efforts. BLS is developing alternate scenarios for the 2019–29 projections that encompass possible impacts from the pandemic.
“With the nation’s economy still reeling from the COVID-19 (coronavirus) pandemic as 3.8 million Americans are now permanently out of work, it is important to invest in upskilling and reskilling the workforce and to advise secondary learners preparing to enter the workforce on career paths likely to lead to in-demand and high-wage jobs…”