Consider, for example, Menominee County, the smallest and poorest county in Wisconsin, with a median household income roughly 40 percent below the statewide level and a poverty rate over 26 percent. Menominee County recovered relatively well after the 2008 recession, with poverty and unemployment falling between 2010 and early 2020. But all those employment gains have now been erased. Since March 15, over 27 percent of Menominee’s labor force has applied for unemployment, bringing the countywide estimated jobless rate up to nearly 34 percent. As of May 5, the county reports only one confirmed case of Covid-19. Read Full Article »
Economic Well-Being Matters, Too
Unpr
ecedented public-health interventions, taken to slow the spread of the coronavirus, have led to massive economic disruptions. Policymakers have proposed guidelines that allow a loosening of these restrictions, but most are based solely on current health indicators. Such measures are, of course, a primary consideration, but they shouldn’t be the only ones. Economic well-being matters, too.
Consider, for example, Menominee County, the smallest and poorest county in Wisconsin, with a median household income roughly 40 percent below the statewide level and a poverty rate over 26 percent. Menominee County recovered relatively well after the 2008 recession, with poverty and unemployment falling between 2010 and early 2020. But all those employment gains have now been erased. Since March 15, over 27 percent of Menominee’s labor force has applied for unemployment, bringing the countywide estimated jobless rate up to nearly 34 percent. As of May 5, the county reports only one confirmed case of Covid-19. Read Full Article »
Consider, for example, Menominee County, the smallest and poorest county in Wisconsin, with a median household income roughly 40 percent below the statewide level and a poverty rate over 26 percent. Menominee County recovered relatively well after the 2008 recession, with poverty and unemployment falling between 2010 and early 2020. But all those employment gains have now been erased. Since March 15, over 27 percent of Menominee’s labor force has applied for unemployment, bringing the countywide estimated jobless rate up to nearly 34 percent. As of May 5, the county reports only one confirmed case of Covid-19. Read Full Article »
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