Flores-Lagunes quoted in Wall Street Journal article on US unemployment

November 5, 2020

The Wall Street Journal

Alfonso Flores-Lagunes

Economics Department

Aging Studies Institute

Center for Policy Research

COVID-19

Labor

United States

The Wall Street Journal

Alfonso Flores-Lagunes

"As these last few weeks have shown us, the pandemic is not over," says Alfonso Flores-Lagunes, professor of economics. He says the recent surge in COVID-19 cases could lead to another round of business closures and job losses, potentially unwinding a portion of the labor market’s summer rebound. And until a vaccine becomes widely available, Flores-Lagunes says, weaker consumer demand will continue to weigh on the recovery. "Going back to normal in terms of economic activity really depends on getting the virus under control," he says. Read more in the Wall Street Journal article, "U.S. Unemployment Claims Held Nearly Steady Last Week." 11/05/20