Locked Out: Unemployment and Homelessness in the COVID Economy

112 Pages Posted: 15 Jan 2021

See all articles by Daniel Flaming

Daniel Flaming

Economic Roundtable

Anthony Orlando

California State Polytechnic University, Pomona

Patrick Burns

Economic Roundtable

Seth Pickens

Economic Roundtable

Date Written: January 12, 2021

Abstract

This report uses estimates from the Congressional Budget Office to project an unemployment scenario for the Pandemic Recession. We go on to use detailed unemployment and homeless data from the 2008 Great Recession to estimate the linkage between unemployment and homelessness and forecast the amount and type of pandemic-driven homelessness in Los Angeles, California and the United States. Then we assess the condition of the housing market and identify steps for preventing evictions and increasing the housing supply. We examine characteristics of workers who are most likely to fall through the cracks of the economy and identify the risk factors that make them vulnerable. Then we describe how employment programs can use their skills to meet public needs.

Keywords: California, Coronavirus, COVID-19, Earnings, Economic Impacts, Multiplier Effects, Economy, Employment, Homelessness, Housing, Income, Industries, Job Creation, Job Loss, Job Quality, Labor Market, Los Angeles, Los Angeles County, Low Wages, Occupation, Part-time Work, Pandemic, Poverty, Prevention

JEL Classification: C22, C51, C53, C81, D63, H11, H52, I31, 132, 138, J21, J23, J24, J31, J38, J58, J64, J68, L52, M53 O

Suggested Citation

Flaming, Daniel and Orlando, Anthony and Burns, Patrick and Pickens, Seth, Locked Out: Unemployment and Homelessness in the COVID Economy (January 12, 2021). Available at SSRN: https://ssrn.com/abstract=3765109 or http://dx.doi.org/10.2139/ssrn.3765109

Daniel Flaming (Contact Author)

Economic Roundtable ( email )

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United States
2138928104 (Phone)

HOME PAGE: http://economicrt.org/

Anthony Orlando

California State Polytechnic University, Pomona ( email )

United States

Patrick Burns

Economic Roundtable ( email )

244 S San Pedro, Suite 506
Los Angeles, CA 90012
United States

HOME PAGE: http://economicrt.org

Seth Pickens

Economic Roundtable ( email )

315 W. 9th Street, Suite 502
Los Angeles, CA California 90015
United States
2138928104204 (Phone)
90012 (Fax)

HOME PAGE: http://https://economicrt.org/

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