their labor market outcomes affected, while workers working in proximity to coworkers are more affected. The unemployment … employment and wages in the United States. Guided by a pre-analysis plan, we document that COVID-19 increased the unemployment … rate, decreased hours of work and labor force participation, especially for younger workers, non-white, not married and …

signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and …. Wage growth has been low in most developed economies because of underutilized labor if properly measured. Germany seems to … wage setting and labor market reforms. …