Agenda - Council Work Session - 03/08/2022

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Federal Register/Vol. 87, No. 18/Thursday, January 27, 2022/Rules and Regulations 4357 eligible use is responsive to the impacts precipitously,over 22 million jobs were progress,there is a continued need to of the pandemic in all communities. lost in March and April 2020.80 One respond to the pandemic's economic The final rule incorporates guidance year later,in April 2021,the economy effects to ensure a full,broad-based, and issued after the interim final rule on still remained over 8 million jobs below equitable recovery. specifically types of services eligible, its pre-pandemic peak,81 and the Indeed,the pandemic's economic including: unemployment rate hovered around 6 impacts continue to affect some • Evidence-based practices like percent.82 demographic groups more than others. focused deterrence, street outreach, In the months since Treasury issued Rates of unemployment remain violence interrupters, and hospital- the interim final rule in May 2021,the particularly severe among workers of based violence intervention models, economy has made large strides in its color and workers with lower levels of complete with wraparound services recovery. The economy gained over 4 educational attainment; for example,the such as behavioral therapy,trauma million jobs in the seven months from overall unemployment rate in the recovery,job training, education, May to November 2021;83 the United States was 4.2 percent in housing and relocation services,and unemployment rate fell more than 1.5 November 2021,but certain groups saw financial assistance; and percentage points to 4.2 percent,which much higher rates: 6.7 percent for Black • Capacity-building efforts at is the lowest rate since February 2020;84 workers, 5.2 percent for Hispanic or community violence intervention and the size of the nation's economy Latino workers,and 5.7 percent for programs like funding more surpassed the pre-pandemic peak in the workers without a high school intervention workers, increasing their second quarter of 2021.85 diploma.90 Job losses have also been pay,providing training and professional While the economy has made particularly steep among low-wage development for intervention workers, immense progress in its recovery since workers,with these workers remaining and hiring and training workers to May 2021,the economy has also faced furthest from recovery as of the end of administer the programs. setbacks that illustrate the continued 2020.91 A severe recession,and its Public Comment:Some commenters risks to the recovery.As the Delta concentrated impact among low-income sought further clarification on whether variant spread across the country this workers,has amplified food and some of the enumerated eligible uses are summer and fall,the United States faced housing insecurity,with an estimated considered responsive to all crime, another severe wave of cases, deaths, nearly 20 million adults living in violent crime, or gun violence. and strain on the healthcare system, households where there is sometimes or Treasury Response:Enumerated which contributed to a slowdown in the often not enough food to eat and an eligible uses that respond to an increase pace of recovery in the third quarter.86 estimated 12 million adults living in in gun violence may be pursued in Supply chain disruptions have also households that were not current on communities experiencing an increase demonstrated the difficulties of rent.92 in gun violence associated with the restarting a global economy.87 While economic effects have been pandemic,specifically: (1)Hiring law Moreover, although many Americans seen across many communities,there enforcement officials—even above pre- have returned to work as of November are additional disparities by race and pandemic levels—or paying overtime 2021,the economy remains 3.9 million income. For example, approximately where the funds are directly focused on jobs below its pre-pandemic peak,88 and advancing community policing 2.4 million workers have dropped out of Federal Reserve Bank of St.Louis,https://fred. strategies for gun violence, (2) the labor market altogether relative to stlouisfed.org/series/CLF160V(last visited additional enforcement efforts to reduce February 2020.89 Thus, despite much December 7,2021). 90 U.S.Bureau of Labor Statistics,Labor Force gun violence exacerbated by the Statistics from the Current Population Survey: pandemic,including prosecuting gun 80 U.S.Bureau of Labor Statistics,All Employees, Employment status of the civilian population by sex Total Nonfarm[PAYEMS],retrieved from FRED, and age December 6,2021 ,htt s://www.bls. ov/ traffickers, dealers, and other parties g ( ) p g Federal Reserve Bank of St.Louis;https:// news.release/empsit.t0l.htm(last visited December contributing to the supply of crime fred.stlouisfed.org/series/PAYEMS(last visited 7,2021);U.S.Bureau of Labor Statistics,Labor guns,as well as collaborative federal, December 7,2021). Force Statistics from the Current Population state, and local efforts to identify and 81 jd Survey:Employment status of the civilian address gun trafficking channels, and(3) 82 U.S.Bureau of Labor Statistics,Unemployment noninstitutional population by race,Hispanic or investing in technology and equipment Rate[UNRATE],retrieved from FRED,Federal Latino ethnicity,sex,and age(December 6,2021), Reserve Bank of St.Louis;https://fred. https://www.bls.gov/weblempsiticpseea04.htm(last to allow law enforcement to more stlouisfed.org/series/UNRATE(last visited visited December 7,2021);U.S.Bureau of Labor efficiently and effectively respond to the December 7,2021). Statistics,Labor Force Statistics from the Current rise in gun violence resulting from the 83 U.S.Bureau of Labor Statistics,supra note 80. Population Survey:Employment status of the pandemic,for example technology to 84 U.S.Bureau of Labor Statistics,supra note 82. civilian noninstitutional population 25 years and assist in the identification of guns 85 U.S.Bureau of Economic Analysis,Real Gross over by educational attainment(December 6,2021), Domestic Product[GDPC1],retrieved from FRED, https://www.bls.gov/weblempsiticpseea05.htm(last whose serial numbers have been Federal Reserve Bank of St.Louis,https://fred. visited December 7,2021). damaged. stlouisfed.org/series/GDPC1(last visited December 91 Elise Gould&Jori Kandra,Wages grew in 2020 7,2021). because the bottom fell out of the low-wage labor 3.Negative Economic Impacts 86 U.S.Department of the Treasury,Economy market,Economic Policy Institute(Feb.24,2021), Statement by Catherine Wolfram,Acting Assistant https://files.epi.orglpdfl219418.pdf.See also, a.Assistance to Households Secretary for Economy Policy,for the Treasury Michael Dalton et al.,The K-Shaped Recovery: Backg round d Borrowing Advisory Committee(November 1, Examining the Diverging Fortunes of Workers in the g 2021),available at https://home.treasury.gov/news/ Recovery from the COVID-19 Pandemic using While the U.S. economy is now on the press-releasesljy0453. Business and Household Survey Microdata,U.S. path to a strong recovery,the public 87 Yuka Hayashi,IMF Cuts Global Growth Bureau of Labor Statistics Working Paper Series health emergency,including the Forecast Amid Supply-Chain Disruptions, (July 2021),https://www.bls.govlosmrlresearch- Pandemic Pressures,Wall Street journal(October papers/2021/pdf/ec210020.pdf. necessary measures taken to protect 12,2021),available at https://www.wsj.com/ 92 Center on Budget and Policy Priorities, public health,resulted in significant articles/imf--cuts-global-growth forecast-amid- Tracking the COVID-19 Recession's Effects on supply-chain-disruptions-warns-of-inflation-risks- Food,Housing,economic and financial hardship for g,and Employment Hardships, many Americans.As businesses closed, 11634043601. https://www.cbpp.org/research/poverty-and- consumers stayed home,schools shifted ss U.S.Bureau of Labor Statistics,supra note 80. inequality/tracking-the-covid-19-economys-effects- 89 U.S.Bureau of Labor Statistics,Civilian Labor on-food-housing-and(last visited December 17, to remote education,and travel declined Force Level[CLF160V],retrieved from FRED, 2021).