AIER's Patrick Coate Published by the Federal Reserve Bank of Cleveland

Thursday, February 9, 2017

Losing a job can have negative, long-lasting effects on a person’s future earnings. One thing that might significantly improve this adverse outcome is having a parent who lives nearby and who is able to help during this time of transition.

https://www.clevelandfed.org/en/newsroom-and-events/publications/economic-commentary/2017-economic-commentaries/ec-201703-parental-proximity-and-the-earnings-consequences-of-job-loss.aspx