SF Fed Blog
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COVID-19 Reveals Disparities in Household Financial Stress
A large share of households across the western United States suffered employment income losses during the pandemic, with racial and income divides compounding inequities. Here’s what happened in our District in Q2.
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Assessing the Accuracy of China’s Economic Rebound from COVID-19
While China’s economy plunged following the outbreak of COVID-19, official data report that it has rebounded sharply. The San Francisco Fed’s China Cyclical Activity Tracker confirms this, indicating modestly higher activity than China’s official data for the second quarter of 2020.
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COVID-19 Is a ‘Forcing Function’ for Remote Work—What It Means for Your Future Office
Which new norms of remote work will make it back into businesses after the pandemic? President Daly explored the question with a few experts, and here’s what we learned.
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Investing in the Future of Child Care: Building Workforce and Economic Resiliency
Access to affordable child care is crucial to parents’ ability to participate in the workforce, so we’re taking a deep dive into the challenges facing the child care market as well as the investments and partnerships needed to support child care providers.
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Nonprofits, Hit by Pandemic, Face Underlying Real Estate Pressures in LA Region
Nonprofit organizations provide critical services for low-income communities, communities of color, and the LGBTQ community, particularly in times of crisis. Our new report, based on a survey and interviews, finds that many nonprofits in the Los Angeles region faced displacement pressures going into the pandemic due to the high cost of renting or purchasing operating space.
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Did Increased Unemployment Payments Cause People to Reject Job Offers?
The additional $600 in Pandemic Unemployment Compensation payments relieved the financial burden of those most in need without dissuading a return to work. A job is worth much more than temporary unemployment insurance payments.
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COVID-19 Impacts on the Small-to-Medium Enterprise Credit Landscape
Small- and medium-size enterprises provide just under half of all jobs amongst employers in our District. Here’s a glance at how COVID-19 impacted their businesses during that time.
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The New Future of Work
Join San Francisco Fed President Mary Daly, Arianna Huffington (Thrive Global), Erica Brescia (GitHub), and Nick Bloom (Stanford; National Bureau of Economic Research) for a one-hour conversation on August 20.
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Strengthening Financial Health in Times of Crisis
COVID-19 makes it clearer than ever that inclusion in the financial system is critical for households and businesses to access timely relief funds. Distributing funds at scale, however, presents numerous challenges, including issues related to technology and communication. To explore what it takes to have an inclusive financial system, Laura Choi sat down with Leigh Phillips, CEO of SaverLife, for a conversation on leveraging fintech, data, and strategic partnerships to strengthen financial health in times of crisis.
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Fintech Innovation Office Hours
Join us for a virtual fireside chat about digital innovation in financial technology with special guest, Kavita Jain, deputy associate director at the Federal Reserve Board of Governors. Plus, find out how to request a timeslot during our Fintech Innovation Office Hours with the Board.