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New Study Highlights the Relationship Between Homelessness and Unemployment

19 May 2020
Source
Community Solutions

A new analysis by Brendan O’Flaherty, Professor of Economics at Columbia University, estimates that homelessness could increase by 40 to 45% by the end of this year due to an increase in the unemployment rate. The study, which was published by Community Solutions, notes for every 1% increase in the unemployment rate, homelessness could increase by .065 per 10,000 people.

The author used the 2019 Annual Homeless Assessment Report to Congress and the unemployment projection from the Economic Policy Institute for his projection.

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