ASSESSMENTS
What Coronavirus School Closures Would Mean for the U.S. Economy
Mar 11, 2020 | 16:34 GMT
(COURTNEY PERRY/The Washington Post)
Highlgihts
- As political pressure increases to contain the coronavirus epidemic, more U.S. schools are expected to close in the coming weeks.
- By forcing more families to stay home and take care of their children, such closures risk disrupting worker productivity, domestic consumption and business operations across the country.
- Lower-income communities in both rural and urban areas, in particular, will face potentially strong disruptions to key providers of social services without sufficient or affordable alternatives.
- To offset the economic fallout, the U.S. government will likely implement new stimulus and social spending measures that could persist past the current coronavirus crisis.
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