Unemployment During the Pandemic Expected to Cause 900,000 US Deaths, New Economic Study Finds

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The Grind:
A new National Bureau for Economic Research paper projects 890,000 additional deaths may result over the next 15 years from actions taken to mitigate the spread of the coronavirus.

The Details:
“Our results suggest that the toll of lives claimed by the SARS-CoV-2 virus far exceeds those immediately related to the acute COVID-19 critical illness and that the recession caused by the pandemic can jeopardize population health for the next two decades,” the researchers said. Specifically, the researchers cite unemployment spikes from lockdowns and other government restrictions that were two to five times larger than typical unemployment shocks. Read more…

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