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home / news releases / SPSM - No Ordinary Recession


SPSM - No Ordinary Recession

By Beth Akers

As a labor economist, I follow the data releases on the state of the economy pretty closely, especially the ones that tell us something about employment. Despite having pored over the numbers each week, I was still taken aback when I saw a graph (very similar to the one recreated here) in an opinion piece by Catherine Rampell published in The Washington Post. The graph illustrated unequivocally just how severely our labor market has suffered from the COVID pandemic. This is no ordinary recession.

There are 13 million fewer jobs in the

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Stock Information

Company Name: SPDR Portfolio Small Cap
Stock Symbol: SPSM
Market: NYSE

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