The Great Reallocation During the COVID-19 Recession

April 05, 2023

This 9-minute podcast was released April 5, 2023, as a part of the Timely Topics podcast series.

Serdar Birinci in the recording studio.

Serdar Birinci is an economist at the St. Louis Fed.

“The data shows that most of the individuals during the COVID-19 episode—among those who quit—they quit to take another job, not into unemployment or out of labor force,” says Serdar Birinci, an economist at the Federal Reserve Bank of St. Louis. Birinci joins Maria Hasenstab, a media relations coordinator in the External Engagement and Corporate Communications Division, to discuss his research on job transitions.


Economists and experts talk about their research, topics in the news and issues related to the Fed. Views expressed are not necessarily those of the St. Louis Fed or the Federal Reserve System.

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