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the U.S. labor market during the first four months of the global COVID-19 pandemic. After aggregate employment fell by 21 … percent through late-April, employment rebounded somewhat through late-June. The re-opening of temporarily shuttered … businesses contributed significantly to the employment rebound, particularly for smaller businesses. We show that worker recall …
Persistent link: https://www.econbiz.de/10012481742
The labor-force participation rates of prime-age U.S. workers dropped in March 2020--the start of the COVID-19 pandemic--and have still not fully recovered. At the same time, substance-abuse deaths were elevated during the pandemic relative to trend indicating an increase in the number of...
Persistent link: https://www.econbiz.de/10013191027
Persistent link: https://www.econbiz.de/10014246562
More than ten percent of Americans with recent work experience say they will continue social distancing after the COVID-19 pandemic ends, and another 45 percent will do so in limited ways. We uncover this Long Social Distancing phenomenon in our monthly Survey of Working Arrangements and...
Persistent link: https://www.econbiz.de/10013435130
To better understand the tight post-pandemic labor market in the US, we decompose the decline in aggregate hours worked into the extensive (fewer people working) and the intensive margin changes (workers working fewer hours). Although the pre-existing trend of lower labor force participation...
Persistent link: https://www.econbiz.de/10013537727
and examines whether the US fulfills these criterion. The US's employment and productivity performance make it a … workers, continued full employment will greatly strengthen the case for the US as peak economy. But with anything less than … full employment the US economy will lose its luster. Even if this occurs, however, the US record in employing women and …
Persistent link: https://www.econbiz.de/10012470993
We evaluate how nonresponse affects conclusions drawn from survey data and consider how researchers can reliably test and correct for nonresponse bias. To do so, we examine a survey on labor market conditions during the COVID-19 pandemic that used randomly assigned financial incentives to...
Persistent link: https://www.econbiz.de/10012794577
How might COVID-19 affect human capital and wellbeing in the long run? The COVID-19 pandemic has already imposed a heavy human cost--taken together, this public health crisis and its attendant economic downturn appear poised to dwarf the scope, scale, and disruptiveness of most modern pandemics....
Persistent link: https://www.econbiz.de/10012481108
.e., the participation cycle, which are important for the implementation of the maximum employment mandate. We show that these … pressures on employment from participation are two-thirds that of unemployment. Moreover, the participation cycle delays the … recovery in employment because it lags the unemployment cycle. It also amplifies the unevenness of the impact of recessions …
Persistent link: https://www.econbiz.de/10012629442
filled jobs. Under counterfactual policies that resemble traditional employment regulation, buyers post fewer online jobs and … results suggest that neither online or offline knowledge workers will benefit from applying traditional employment regulation …
Persistent link: https://www.econbiz.de/10012696386