Will Colleges Reopen in the Fall? The Economic Impact of Three Scenarios

With the Fall semester approaching, higher education institutions are evaluating and announcing a wide range of scenarios for educating students—from fully virtual options to bringing students back to college campuses under various restrictions to protect students, faculty, and staff. These decisions will impact the institutions themselves as well as the economies of college towns.

How Low Can the Unemployment Rate Go?

The current U.S. unemployment rate has been decreasing for over the last nine years. This has some asking, “How low can the unemployment rate go?” The best insight into this question may come from considering economic theory, analyzing historical trends, and tracking Federal Reserve policy.