Extraction of the U.S. Economic Development of the U.S. for the shortage of the epidemic will suffer long -term damage

Author:Economic Life Broadcast Time:2022.09.29

Xinhua News Agency, Washington, September 28. Xinhua News Agency reporter Xiong Maoling

The impact of the new crown epidemic on the US economy is gradually revealing. The latest data show that millions of people in the United States cannot work. At the same time, the loss of unemployment income and increased medical costs caused by the new crown epidemic caused serious losses to the US economy. Analysts believe that the United States' "lying" type of anti -epidemic has caused a large number of infections. The troubled people may further expand with the sustainability of the epidemic, and the impact on the US economy will spread.

The Brookings Society of the US Think Tank recently released an analysis report saying that 2 million to 4 million people were unable to work among the working -age population affected by about 16 million new crowns. If the intermediate value is calculated, it means that 1.8%of the labor force in the United States cannot work.

David Carter, a professor of applied economics at Harvard University, concluded a similar conclusion in different ways, estimated that about 3.5 million Americans were unemployed due to the epidemic.

Analysts believe that for the U.S. labor market, which has been in short supply in the past year, the absence of millions of labor has exacerbated the degree of shortage. The analysis of the Brucks Society shows that the shortage of labor is due to the epidemic, and its direct and indirect impact on the US economy cannot be underestimated.

Carter estimates that if 3.5 million people have unemployed due to the epidemic, the five -year salary loss will be about $ 1 trillion, that is, $ 200 billion per year. In addition to income loss, the epidemic has brought about decline in life quality and rising medical expenditure costs. The total cost of these three aspects is about 3.7 trillion US dollars. If the cost is sorted to all Americans, each person will bear the cost of $ 11,000.

Carter pointed out that conservatively estimates that as of late July, at least 9.6 million people may be experiencing three or more symptoms related to the new crown. Therefore, the United States urgently needs to formulate policy response, and spending on related testing, treatment, and control will bring much more than cost to American society.

Despite the significant decline in the attention of the U.S. people to the epidemic, the US President Biden also claims that the popularity has ended, but the new crown epidemic in the United States is still fermenting, and the number of infections has continued to rise. This means that the number of people who are plagued by the epidemic continues to increase, and the economic impact it brings will also expand.

The latest epidemic statistics released by Johns Hopkins University in the United States show that as of the evening of September 27, local time, the number of new crowns in the United States has exceeded 96.16 million. However, the number of real infections may far exceed statistics. Ashish Jaha, a coordinator of the White House responding to the working group, previously stated at a press conference that because many people were detected at home, the actual number of infected people was obviously higher than statistics.

Source: Xinhuanet

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