Jessica Ice |

Research Analyst

Jessica Ice, Research Analyst

Jessica Ice is a research analyst in the Research Department of the Federal Reserve Bank of Cleveland. Her primary interests include international economics, foreign exchange policy, economics of education and labor markets, and economic history.

Ms. Ice holds a bachelor’s degree in international politics and history from Jacobs University Bremen and a master’s degree in management and economics from the University of Zurich.

  • Fed Publications
Title Date Publication Author(s) Type


August, 2014 Jessica Ice; Pedro S Amaral; Brad Kaplita; Economic Trends
Abstract: During the Great Recession, state unemployment insurance systems faced unequal burdens depending on how well their accounts within the federal Unemployment Trust Fund (UTF) were funded and how severely they were hit by the recession. This article describes the different ways that states responded to the effects of the recession on their unemployment insurance systems because of these factors.



June, 2014 Jessica Ice; Owen F Humpage; Economic Trends
Abstract: At its most recent policy meeting, the European Central Bank eased monetary policy because inflation had drifted well below the ECB's target. With economic activity weak, money growth slow, and commercial-bank lending sluggish, the risk of slipping into a Japanese-style deflation seemed plausible.



May, 2014 Jessica Ice; Murat Tasci; Economic Trends
Abstract: Five years into an economic recovery from the Great Recession, the US labor market continues to gradually improve. Some of the more adverse effects, like the high unemployment rate and longer average spells of unemployment, have been quite persistent, but they are, nevertheless temporary. However, some effects might be more permanent. Recessions can be times when emerging structural changes in labor markets get exacerbated. One such change in the current environment is job polarization.



March, 2014 Jessica Ice; Filippo Occhino; Economic Trends
Abstract: Labor productivity in the nonfarm business sector grew rapidly in the second half of 2013, reaching an average 2.63 percent annual rate. This was the fastest two-quarter pace since the boost of productivity growth associated with the end of the Great Recession and the beginning of the recovery. Such a fast pace of productivity will not last long though.