Homebase in the news

Homebase partners with journalists, academics, and other organizations to provide data and advocacy for small business.

Press inquiry? Email us at press@joinhomebase.com

Data inquiry? Visit our data site or email us at data@joinhomebase.com

Press coverage

‘We Threw Out Any Plans We Had’: CEOs Are Forced to Embrace Uncertainty

The pandemic called on business leaders to rewrite their playbooks. Learn how CEOs — including Homebase CEO John Waldmann — have come to embrace uncertainty.

Read article

Number of U.S. workers filing for jobless aid stays near historic low

An analysis from Homebase found that hours worked in tourism-heavy counties across the U.S. has fallen nearly 25% as a result of Omicron. But so far, the pace of job postings and hiring hasn't been affected by the new COVID-19 variant, says Homebase Head Economist Jason Greenberg.

Read article

The great resignation: pandemic shifts worker priorities

On Bloomberg Markets: What’d You Miss, Homebase CEO John Waldmann discusses the effects of the labor shortage on small businesses, as well as practical solutions for creating a better work experience to attract and retain employees.

Watch video

Omicron variant puts a “winter chill” on U.S. economic recovery

In retail, the number of hours worked, as well as the number of employees, is down about 12% from pre-pandemic levels, according to Homebase data. And the number of establishments open is down by a quarter.

Read article

Homebase raises $71M for a team management platform aimed at SMBs and their hourly workers

The company now has some 100,000 small businesses, with 1 million employees in total, on its platform.

Read article

Jobs report blows past expectations in March

Data from Homebase shows employees working and hours worked both gained sharply over the past month.

Read article

How COVID-19 made high-frequency data a go-to economic indicator

One previously untapped source of high-frequency data that’s gone into widespread use during the pandemic is data from a company called Homebase.

Read article

The Top Time Clock Software for Small Businesses in 2020

Our top-rated time clock software, Homebase streamlines shift scheduling and keeps employees updated.

Read article

Homebase wins Inc. Magazine Best in Business 2020 Award

Homebase won a 2020 Inc. Magazine Best In Business Gold Medal award for our support of small businesses and workers during the pandemic.

Read article

Tracking America's recovery

This dashboard of 17 charts shows how the economy continues to change as we grapple with life during the pandemic.

View dashboard

How a small-business software company became one of the most accurate forecasters of the pandemic recession

In March, as the coronavirus pandemic hit and led to sweeping shelter-in-place orders across the US, Homebase made a discovery.

Read article

Generous unemployment benefits are not keeping Americans from work

Economists have analyzed the effects of boosts to unemployment benefits.

Read article

Businesses remain cautious despite promising new economic data

Wall Street wants to see evidence of a pickup in economic activity to better gauge the pace of the recovery.

Watch video

Signs of a V-Shaped Early-Stage Economic Recovery Emerge

After bottoming out in April, economic activity has continued to rise into early June.

Read article

Data trackers show U.S. retail traffic edging up

Traffic to U.S. retail stores ticked up last week and hours worked at a sample of small businesses increased as the country’s patchwork reopening continued.

Read article

As Job Losses Mount, Lawmakers Face a Make-or-Break Moment

The United States just lost 20 million jobs. The wrong federal response could make those layoffs a permanent fixture of the U.S. economy and sentence thousands of companies to bankruptcy.

Read article

This Is Not a Recession. It’s an Ice Age.

No one alive has experienced an economic plunge this sudden.

Read article

Academic partnerships

Opportunity Insights Economic Tracker

Track the economic impacts of COVID-19 on people, businesses, and communities across the United States in real time.

View dashboard

Study shows pandemic’s impact on hours worked in U.S. small businesses

A new study by Yale economists details the drastic effects of the COVID-19 pandemic on U.S. small businesses and the hourly workers they employ.

Read article

Penn Wharton Budget Model COVID-19 Tracker

The Penn Wharton Budget Model COVID-19 Tracker provides daily, real-time estimates of economic activity and of the evolution of the COVID-19 pandemic at the state level.

View dashboard

Labor Market Impacts of COVID-19 on Businesses

Analysis of the labor market impacts of COVID-19 on small- and medium-sized businesses using Homebase time-card records.

Read article

Labor Market Impacts of COVID-19 on Hourly Workers in Small- and Medium-Sized Businesses

Four Facts from Homebase Data

Read article

Economic and policy partnerships

Many Small Businesses in the Services Sector Are Unlikely to Reopen

Small businesses were particularly affected by the pandemic. The Fed examines the state of these firms using microdata from Homebase.

Read article

Monetary Policy Report to Congress

Recent Economic and Financial Developments of the Monetary Policy Report submitted to the Congress on June 12, 2020, pursuant to section 2B of the Federal Reserve Act.

Read report

James Bullard on the Fed’s policy review, FSOC and forecasting jobs data

St Louis Fed president discusses his concerns as well as the unexpected success in using Homebase data to predict highly volatile US job numbers.

Watch interview

Monthly Labor Review

Analysis of employment recovery in the wake of the COVID-19 pandemic.

Read article

Reading the Labor Market in Real Time

The coronavirus pandemic has shaken labor markets, leading to unprecedented job losses in March and April.

Read article

The Effects of Expiring Stay-at-Home Orders and the Shape of the Recovery

Does the expiration of state stay-at-home orders — issued in response to the COVID-19 pandemic — facilitate economic recovery in a substantial way?

Read article

Dallas Fed Mobility and Engagement Index Gives Insight into COVID-19’s Economic Impact

Forecasts of output and employment are crucial for assessing appropriate monetary, fiscal and health policy responses.

Read article

The Stay-at-Home Labor Market

Google Searches, Unemployment Insurance, and Public Health Orders

Read article

Recessions and Revenues: Perspective on the Downturn

Public health measures implemented to contain the spread of COVID-19 have caused a sharp contraction in economic activity. Today, we’re in the initial stages of a recession.

Read article

Read more from Homebase

In addition to working with press, academics, and policy makers, we make our data and insights available to anyone with an interest in supporting small businesses.

Real-time coronavirus impact data site

We’re sharing our data publicly, so governments and communities can support the people who are most impacted.

View data site

COVID-19 resources for small businesses

Expert resources to help small businesses plan, adapt, and get back to business.

Read guides

#realtalk Blog: business tips without any BS

Practical guides for running a local business, from operations to people management to compliance.

Visit blog