Articles tagged with Economic Recovery
Cities with well-connected job networks and high employment diversity are more resilient to economic shocks, according to a study. The researchers found that cities with limited job connectivity, such as the size of a city, have higher unemployment rates during economic crises.
A recent study published in Psychology of Addictive Behaviors found that 80% of Americans with resolved drug problems report significant personal achievements, including self-improvement, family engagement, and civic participation. These achievements accumulate over time and are associated with greater happiness and quality of life.
A new study from the University of Pennsylvania School of Nursing found that returning to work (RTW) after a traumatic injury can predict better mental health outcomes for Black men. The study also identified younger age, lack of insurance, and experiences of racism as strong predictors of poor mental health outcomes.
Researchers call for more inclusive analysis of public health interventions, considering broader impacts on education, criminal justice, housing, consumption, and the environment. Existing evidence shows poorer socio-economic individuals and those with underlying health conditions are at higher risk of contracting COVID-19.
The employment-to-population ratio for working-age people with disabilities increased by 0.3 percent in February 2021, while labor force participation rate also showed modest gains. These improvements are attributed to declining COVID-19 cases and increasing vaccine rollout success.
Researchers from Peter the Great St.Petersburg Polytechnic University modified the SIR model to include individuals in isolation or quarantine. Their results show that total isolation early on can significantly reduce the spread of disease and bring an earlier end to the pandemic. The modified SEIR model has been tested on data from St...
The employment-to-population ratio for working-age people with disabilities decreased from 29.4% in December 2020 to 28.7% in January 2021, while the labor force participation rate also declined slightly. These numbers reflect a stagnation in recovery efforts during the pandemic.
Researchers argue that introducing carbon pricing now would result in marginally less disruption and help drive greener economic activity. The tax could prompt industries to move away from fossil-fuel intensive practices towards long-term sustainability.
The number of workers with disabilities on furlough has dropped to one out of four, while three out of four are now actively looking for work. The trend is worse than for those without disabilities, who have seen a decline in unemployment since the peak in May 2020.
A University of Illinois Chicago researcher analyzed over 13.9 million COVID-19-related tweets to track public concerns worldwide. The study found negative sentiments towards the pandemic's impact on economies and healthcare sectors until March 2020, when optimism about economic recovery grew.
A new study suggests that investing in climate-positive recovery plans for the global energy system could put the world on track to meet the Paris Agreement goals. Investing just a tenth of the $12 trillion pledged in stimulus packages over five years in climate-friendly policies could achieve net zero carbon energy by mid-century.
A survey of New York City residents found that many are hopeful for the city's recovery from the pandemic, but concerned about a potential COVID-19 resurgence and its disproportionate impact on communities of color. The survey also revealed significant economic disparities, with food insecurity affecting nearly 40% of households.
A Rutgers University-led paper finds that most countries are neglecting nature-related economic reforms and investments in their post-COVID recovery plans. The authors call for governments to prioritize biodiversity and ecosystem resilience with incentives, regulations, and fiscal policies.
The number of unemployed people with disabilities has declined since May 2020, but some are now actively looking for work instead of waiting to be recalled from temporary layoff. This shift may signal a slowing recovery due to ongoing COVID-19 outbreaks and regional economic variations.
Researchers estimate 24-34 million metric tonnes of plastic enter aquatic ecosystems annually, with efforts needed to reduce 8 million tonnes. A transformation of the plastics economy is crucial, requiring 25-40% reduction in production, improved waste collection and management, and cleanup of 40% of emissions.
A new study suggests that incorporating climate policies into economic recovery plans can significantly reduce global warming. By investing in green industries, countries can lower traffic pollution and improve air quality, leading to immediate health benefits and a cooling effect on the climate.
Researchers found that effective complaint handling strengthens relationships between companies and customers in certain industries and for customers with specific expectations. Companies should tailor their strategies to the unique needs of their customer base to maximize economic benefits from complaint management.
A PSU study of 400 households after the 2015 Nepal earthquakes found that recovery is a dynamic process with multiple dimensions. Households with less herding and farming-based livelihoods, more market connections, and easier access to rebuilding funds were more resilient.
A new study by Otago economists shows New Zealand's exports to China increased by 200% due to the 2008 FTA, contributing strongly to NZ's export growth. However, the research found no significant or robust impact on NZ's GDP per capita.
Researchers at the University of Surrey warn that many economies are experiencing prolonged periods of instability and slow growth due to 'secular stagnation'. The team's analysis suggests that the COVID-19 crisis may result in one of the weakest and most unstable recoveries in recorded history.
A new study by MIT professors finds that state-level R&D tax credits significantly spur high-quality new-firm growth, while investment tax credits have a slightly negative economic impact on innovative activity. The study's authors suggest that the former supports ambitious startup firms, fostering entrepreneurship and business dynamism.
A new study finds that sea otter recovery brings significant ecological and economic benefits, including healthier kelp forests, higher fish catches, and carbon storage. The long-term benefits are estimated to be worth over $53 million per year, potentially offsetting commercial losses of $7 million.
The COVID-19 pandemic is driving a global re-evaluation of values and lifestyles, leading to potential radical shifts in policy. RIHN is playing a central role in the Future Earth Knowledge-Action Network's initiative on sustainability transitions.
A recent study by IIASA researchers found that there is an 85% probability of a new recession occurring before 2020, with the likelihood even higher before the Coronavirus crisis. The study developed a diagnostic model to estimate the duration of expansion periods and the onset of the next recession.
A risk-based approach can mitigate socio-economic damage caused by extreme containment measures, enabling recovery and addressing COVID-19. This strategy targets individual and community risk factors, such as age and population density.
Researchers developed a process to recover 80-90% of phosphorus from dried distiller's grains with solubles (DDGS), reducing excess phosphorus in manure and minimizing algae production. The process is estimated to add $1 million annually in revenue for ethanol plants, while improving environmental sustainability.
A new study reveals that municipal wastewater could provide up to 158 million households with electricity, irrigate 31 million hectares of farmland, and offset 13.4% of global fertilizer demand. Wastewater production is projected to increase by 24% by 2030 and 51% by 2050.
Researchers propose a novel method from physics that makes economic effects of major events computable for the first time. The new method calculates resilience and outputs, testable predictions can be made and visualizations help understand economies.
A study by the University of Bonn shows that growing income uncertainty among private households can lead to an economic downturn. This is because households may hoard money, reducing demand and negatively impacting the economy. Government investments can stabilize the economy by making it more attractive for households to spend.
The perception of unfair economic inequality can lead to civic unrest in the US, as seen in Ireland's past protests. In contrast, despite the controversial president and global economic impacts, there are currently no large-scale demonstrations, suggesting that the 'tinder' for protests is ready to ignite
Research by a University at Buffalo-led team reveals that community organizations with broad, cross-cutting presence are crucial to equitable disaster recovery. These organizations can help mitigate poverty rates and foster economic growth in affected communities.
The study found that a majority of ancient Maya chert stone tools showed wear patterns consistent with fish preparation, indicating preserved fish was an important component of their trade economy. The researchers estimated that each salt kitchen could provide dietary salt for up to 3,444 people per day if used for fish preservation.
A new study published in the Proceedings of the National Academy of Sciences found that traditionally high-status Americans, particularly whites and Christians, voted for Donald Trump due to fears of losing their privileged status in America and the world. The researchers debunked the idea that voters were driven by economic grievances...
Researchers found that recovering gold, copper and other metals from e-waste is more cost-effective than obtaining them from mines. The study estimated that urban mining could save up to 13 times the cost of traditional mining methods.
A new mathematical model, developed by Colorado State University researchers, integrates a community's infrastructural, social, and economic features to quantify resilience. The 'hazard-agnostic' model, tested in the fictional city of Gotham, provides a framework for predicting long-term effects of disasters and disruptions.
A recent article by Dr Kalim Siddiqui argues that the Bolshevik Revolution inspired Indian independence movements, with Britain's exploitation causing economic decline. The author claims that Marx and Lenin's ideas influenced anti-colonial sentiment, leading to decolonisation and a shift in world history.
A growing number of businesses and governments have adopted the circular economy framework, aiming to keep resources in use for longer. The Journal of Industrial Ecology special issue explores the concept's complexities and opportunities, including product design methods, social forces, and challenges of implementing circularity efforts.
A leading conservationist warns that failing to celebrate conservation successes can lead to complacency and reversal of progress. Recent examples of species recoveries, such as the Brazilian golden lion tamarins and giant pandas, demonstrate positive shifting baselines in nature's recovery through conservation.
A new study published in Biology Open found that the heel-down posture of great apes, including humans, provides a fighting advantage due to increased swinging force when standing with heels planted. This stance allows for stronger blows and more striking force compared to digitigrade stances used by other species.
A new study from the University of Pennsylvania found that as the economy recovers, fatal car crashes involving large trucks also rise. The research, led by Monica He, suggests that commercial trucks play a significant role in motor vehicle fatalities during better economic times.
A new paper by University of Illinois expert Eliza Forsythe finds that younger workers are less likely to be hired during recessions and tend to find lower-quality jobs. This can lead to long-term consequences, including underemployment and a lack of job mobility.
A new study found that firms in countries with strong shareholder protection laws raised more money through stock sales, performed better in terms of profits and investment efficiency, and terminated fewer employees than similar firms in countries with weaker shareholder protection laws. Stronger shareholder protection laws allow the s...
A University of Michigan study found that poor families struggle to stay afloat with bills and debt, leading to 'consumption smoothing' where they acquire more debt. Higher wages and robust safety nets are needed to help families recover.
A recent study by the University of Missouri found that companies which accept blame for poor performance experience a significant recovery in their share prices. In contrast, those that blame external factors continue to face falling share prices, highlighting the importance of corporate honesty in maintaining investor confidence.
A new report from the University of Washington shows that Washington families must spend 46% more on average to make ends meet today than 13 years ago. The Self-Sufficiency Standard for Washington State 2014 found that median wages increased just 21 percent during that time, while costs jumped as much as 72 percent.
The study reveals that social resources and connections play a critical role in shaping a neighborhood's resilience. Residents who have strong social ties are more likely to report their neighborhood is well-prepared for future disasters, indicating higher confidence in long-term recovery.
Researchers found that when the economy is strong, customers focus more on past experiences with service firms and pay attention to aspects like satisfaction and effort made by the firm. The study recommends service managers to prioritize improving customer experience during good economic times to maximize revenue gains.
Dr. Petrus Martens is developing a system to predict solar cycles, aiming to forecast events such as solar flares and coronal mass ejections up to a decade in advance. This could help protect the power grid and inform satellite replacement decisions.
A new INFORMS study finds that customer experience plays a crucial role in influencing purchase decisions during good economic times. The researchers discovered that customers focus on past experiences and satisfaction levels when the economy is strong, leading to increased revenue gains for firms that improve customer experience.
The US saw a dramatic slowdown in healthcare spending growth between 2000 and 2011, aligning with other high-spending countries. However, the authors warn that future economic recovery could reverse this progress, highlighting the need for measures to control healthcare costs.
A recent study by Ohio State University economists found that household wealth in the US has not recovered from the recession, with middle-aged people taking the biggest hit. The study contradicts the Federal Reserve's optimistic report from last summer, which suggested that net worth had recovered since the recession.
Researchers developed a web-based tool using machine learning to analyze injury records from Alberta's workers' compensation database. The tool recommends an appropriate course of rehabilitation, outperforming clinicians in early testing.
A study found that emotional words in books decreased over the past century, except for fear which increased. American and British English diverged since the 1960s, with American English becoming more 'emotional' than British English.
The recycling of discarded consumer goods can make a big contribution to efficient management of non-renewable raw materials. A new international process is being launched to develop quality and sustainability standards for secondary raw materials, focusing on three main areas: improving basic data and support for pilot projects.
A Temple University study reveals that 45% of highly paid professionals who were laid off would consider returning to their previous employer, emphasizing the need for fair and transparent layoff decisions. The research also highlights the impact of layoffs on survivors' attitudes towards their former employer.
The Centre for North Sea Enhanced Oil Recovery with CO2 (CENSEOR-CO2) will develop understanding of enhanced oil recovery technology, creating a commercial use for CO2 captured from power plants and industry. The technology could store 75 million tonnes of CO2 and increase oil removal by five to 25 percent.
A new U-M study finds that US employment downturns affect remittance payments to chronically ill patients in Central America, leading to reduced access to healthcare. Patients with lower education and multiple chronic health problems face significant financial strain.
A University of Connecticut study reveals that growing economic uncertainty leads to decreased public belief in man-made global warming. Research found a strong correlation between unemployment rates and climate change skepticism, with jobless rates dropping skepticism among the public.
Research shows consumers can save up to $800 by finding out what a dealer pays for a car, visiting two dealerships and liking to bargain. Buyers who don't like to bargain or do research can save $230 by doing just two things.
A new UMD study projects that investing excess corporate cash reserves in capital projects could generate up to 2.4 million jobs over three years, reducing unemployment rates and increasing GDP. This investment is estimated to boost economic activity by spending a fraction of the $508 billion excess cash holdings among US corporations.