COVID-19 in the Long-Term: Structural Economic and Demographic Changes
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June 09, 2020
COVID-19 in the Long-Term: Structural Economic and Demographic Changes
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FTI Consulting's Scott Nystrom joins REMI to describe how the long-term impacts of COVID-19 will include changes to the labor market related to factors like more widespread teleworking and some permanence to social distancing measures.
This webinar presentation describes how the long-term impacts of COVID-19 would include changes to the labor market related to factors like more widespread teleworking and some permanence to social distancing measures. Mr. Nystrom will also explore how reduced demand for travel and transit, increased skepticism toward international trade, and shifting consumer preferences could affect the future of the American economy and its labor force.
The COVID-19 pandemic is trending toward significant long-term effects on U.S. demographics beyond its initial death rates by affecting migration and birth rates for the next generation. Mr. Nystrom’s guest webinar will use the REMI PI+ model to simulate the potential economic implications of major shifts in the country’s demographics as a result of the ongoing outbreak.