Source: International Monetary Fund – IMF (video statements)
Social distancing and lockdowns have cost millions their livelihoods—but in regions where information technology (IT) access, adoption, and education is high—unemployment rates are significantly curbed. IMF economists Nicola Pierri and Yannick Timmer compared the effect of these “IT shields” across states in the US to identify how they work and where they’re bridging or exacerbating inequality.
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