"Federal Reserve chair Jerome Powell struck a particularly somber note at his press conference earlier this week when he mentioned that one reason the labor market is so tight right now is that many workers died from COVID-19.
The big picture: Economists have theorized for a while about the impact of COVID deaths on the labor market. Now, research has started to emerge and key public figures like Powell are starting to talk about it explicitly.
"Close to a half a million who would have been working ... died from COVID," Powell said while talking about the U.S. labor shortage. Go deeper: In a footnote to a speech he gave on Nov. 30, Powell estimates that 400,000 working-age Americans died in excess of what was anticipated pre-pandemic."
I hope it's all Democrats said the vocal Republicans who comment on my blog. Or only olds or fatties. AMIRIGHT?
It is seriously troubling that people are still denying the toll SARS has taken on our country. I find it pretty amusing at this point because all they are doing in fucking themselves over. It's only people with poor people logic who think this is hurting the Democrats.
Also note this article is from December.
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