Employment growth has remained exceptionally strong this year, and September is expected to be another healthy month. Join us for the Kenan Institute’s virtual press briefing at 9 a.m. EDT this Friday, Oct. 7, as we discuss the Bureau of Labor Statistics’ fresh employment report and how it may affect the Federal Reserve’s aggressive reaction to inflation.
COVID-19 exacerbated existing shortages in the labor market, causing business leaders to revise corporate strategies designed to recruit and retain the workforce needed to compete in at the state, national, and global level. We must recognize and support the critical role our community colleges serve in meeting employers’ post-pandemic workforce demands if we are to close the skills gap in the current labor market.
The coronavirus pandemic of 2020 exemplifies a worst-case scenario for federal, state, and local disaster preparedness planning and illustrates some of the United States’ fundamental public health infrastructure flaws. While stay-at-home orders and economic shutdowns initially depressed disease spread, they harmed businesses and organizations, threatened individuals’ livelihoods, and negatively impacted community well-being. National standards for COVID-19 management tools and protocols were not available when needed, and state, local, and federal guidance differed, and often conflicted, in ways that confused the public and created economic uncertainty.
A panel of experts convened by UNC Kenan-Flagler Business School and its affiliated Kenan Institute of Private Enterprise will be offering a press briefing via webinar on the vital role state governments have played in response to COVID-19, the significant variance we’ve seen in responses state by state, and what’s next as governors and state lawmakers work with the federal government to fund relief while working to balance their own budgets. Join tomorrow, Tuesday, May 19, at 11 a.m. EDT.
A panel of experts convened by UNC Kenan-Flagler Business School and its affiliated Kenan Institute of Private Enterprise will be offering a press briefing via webinar on the effects of COVID-19 on the healthcare system, its providers and supply chains. Join tomorrow, Tuesday, April 14, at 11 a.m. EDT.
A panel of experts convened by UNC Kenan-Flagler Business School and its affiliated Kenan Institute of Private Enterprise will be offering a press briefing via webinar examining the technological, operational and financial challenges colleges and universities face amidst the COVID-19 crisis. Join Tuesday, April 21, at 11 a.m. EDT.
COVID-19 is causing unprecedented implications for our economy. Millions are filing for unemployment relief, many industries were forced to temporarily cease operations, and some businesses will remain closed indefinitely. Join us as we explore the Economic Impact of COVID-19.
Small businesses are an undeniable engine of growth for the United States, comprising 99 percent of all U.S. firms and driving nearly half our total economic activity. Yet small business owners across the country lack sufficient capital to succeed, grow and scale. The Kenan Institute has conducted a new analysis on the role of the Small Business Administration’s SBIC program in providing capital to the often-overlooked small businesses operating outside of metropolitan centers, as well as those owned by women and underrepresented minorities. You can access an overview of our findings, as well as key takeaways for business and policy leaders, by clicking below.
A recent trend in corporate culture has been an increase in diversity, equity and inclusion (DEI) programs meant to increase awareness of these critical issues and support underrepresented groups and minorities in the workplace. But what exactly is DEI, and how should we approach conversations about race and discrimination? On Friday Oct. 30, our Kenan Scholars engaged in a DEI training, led by Antoinetta Mosley of I Follow the Leader LLC, to answer just that.
More than ever, businesses are tasked with pleasing both shareholders and stakeholders, including employees, customers and even communities. But can it be done? In this week's Kenan Insight, our experts explore the most successful strategies employed by a class of businesses that have been navigating this debate for generations: family firms.
The U.S. spends significantly less on child care than other developed nations, and the consequences of that spending became evident during the pandemic – particularly within underserved communities. In this week’s insight, our experts discuss why the U.S. should prioritize and fund early childhood education and care.
Much attention is being focused on energy supply security issues, especially for European oil and gas supplies. The latest Russian decision to halt natural gas sales to Poland and Bulgaria has reinforced that continent’s awareness of the perils of unreliable suppliers. Europe’s short-term focus is on sanctioning Russia and then backfilling the forgone oil and gas from other sources.
A panel of experts convened by UNC Kenan-Flagler Business School and its affiliated Kenan Institute of Private Enterprise will be offering a press briefing via webinar that will examine the impact COVID-19 has had on supply chains. Join Tuesday, June 2, at 11 a.m. EDT.
On Thursday, March 28, about 250 private equity professionals gathered for the 12th annual Alternative Investments Conference, hosted by the Institute for Private Capital, to discuss portfolio positioning for the late-stage cycle environment.
Nikita Billman (BSBA '21) spent her spring break in Antigua, Guatemala working with the mission From Houses to Homes.
This article presents tests for the existence of common factors spanning two large panels/groups of macroeconomic and financial variables, and the estimation of common and group-specific factors. New analytical results are derived regarding (i) the difference in the asymptotic distribution of the test statistics when aggregating the data first and then extracting the principal components (PCs), or vice versa, as well as (ii) the estimation of the common factor and its asymptotic distribution, extending the work of Andreou et al. (2019).
The SVB collapse offers many lessons, but they are more about properly hedging against interest rate risk and the importance of timely intervention by regulators than the current state of the economy.
Stanford Institute for Economic Policy Research (SIEPR) Policy Fellow - and former Chief Economist of General Motors - Elaine Buckberg outlines how electric vehicles can save the economy as well as the environment.
Much has been made about the labor force participation rate, or the percentage of Americans over 16 who are working or actively looking for work — and for good cause, given the number of unfilled vacancies at U.S. firms. If fewer Americans are working, it is going to be harder for firms to staff all of their openings. Currently, 62.2% of adult Americans are working or looking for work. This compares with a historical average of 63.9% in 2019. With 259 million adult Americans, this 1.7 percentage point decrease in the labor force participation rate translates to a missing 4.4 million workers. And the narrative to date has primarily focused on how many Americans made changes following the COVID-19 pandemic (in response to lockdowns, layoffs, health concerns or care responsibilities) and the sizable fraction of these Americans who are still sitting on the sidelines. Given the steady drumbeat of news about how firms are unable to fill all their positions, there is much interest in how and when we expect these workers to return to the labor force. So, when can we expect them to join the labor pool?