Effects of Unemployment on Service Industry Employment

Faculty Mentor

Mark Holmgren

Document Type

Poster

Start Date

10-5-2023 11:15 AM

End Date

10-5-2023 1:00 PM

Location

PUB NCR

Department

Economics

Abstract

This presentation is intended to show the effects of unemployment on SNAP usage, and employment in the overall civilian labor force, the Leisure and Hospitality industry, both in the Arts and Entertainment, and Accommodation and Food sectors within Washington state. Understanding the relationship between these variables provides a better understanding of employment opportunities for Washington residents. By gathering data from FRED (the Federal Reserve Economic Database), I ran a regression analysis to find that as unemployment increased, there were increases in the number of SNAP recipients, and employees in the overall civilian labor force, as well as in the Leisure and Hospitality industry, both in the Arts and Entertainment, and Accommodation and Food sectors.

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May 10th, 11:15 AM May 10th, 1:00 PM

Effects of Unemployment on Service Industry Employment

PUB NCR

This presentation is intended to show the effects of unemployment on SNAP usage, and employment in the overall civilian labor force, the Leisure and Hospitality industry, both in the Arts and Entertainment, and Accommodation and Food sectors within Washington state. Understanding the relationship between these variables provides a better understanding of employment opportunities for Washington residents. By gathering data from FRED (the Federal Reserve Economic Database), I ran a regression analysis to find that as unemployment increased, there were increases in the number of SNAP recipients, and employees in the overall civilian labor force, as well as in the Leisure and Hospitality industry, both in the Arts and Entertainment, and Accommodation and Food sectors.