Hall, Robert E.; Kudlyak, Marianna - 2021
contains two groups—those with jobs and those without jobs. Those with jobs are on furlough or temporary layoff. This group … that they will be recalled. We show that the resulting temporary-layoff unemployment dissipates quickly following a spike … temporary-layoff unemployment, mostly starting in April. It was mostly dissipated by the end of 2020. It also created a bulge in …