The Job-pocalypse?

The April employment report was released this morning and the grim tidings it delivered, while anticipated, were still quite startling. The U.S. unemployment rate shot to 14.7%, over 11 percentage points higher than in February, even as the number of payroll jobs in the nation fell by over 20 million. Never has the United States experienced such a dramatic decline

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The Expansion is Dead, Long Live the Expansion

As Beacon Economics has written in our published outlooks over the past six weeks, a true understanding of what is currently happening in the economy is limited given the delay in receiving relevant data, as well as the total lack of recent historical examples illustrating how pandemics impact economies. As such, any prediction of how the COVID-19 crisis will affect

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Reforming the ACA: Losing the Forest for the Trees

Californians are correct to be worried about the future of the Affordable Care Act (ACA) now that the Republicans control both branches of Congress and the White House. But they should be more worried about a looming crisis that neither presidential candidate addressed during the contentious election season — the coming fiscal calamity being driven by spiking Medicare costs. During

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