Channeling funds to support these sectors can help boost the country’s response to the pandemic and fast-track our recovery. In other jurisdictions, international banks like the Nordic Investment Bank issued a “Response Bond,” and European Investment Banks issued a Sustainability Awareness Bond, which both aim to alleviate the social consequences of COVID-19 by financing healthcare systems and labor market solutions.
These encouraging statistics were reaffirmed and given voice by those we met and conferred with, including the community, labor, and business leaders; retirees; students; and others we met with during the 14 Fed Listens events we conducted in 2019. 2  Data from the Conference Board’s “Jobs Are Plentiful” series (February 2020). For more on the Conference Board, see https://www.conference-board.org.