Showing 21 - 30 of 47
The destructive economic impact of the Covid-19 pandemic was distributed unequally across the population. Gender, race and ethnicity, age, education level, and a worker's industry and occupation all mattered. We analyze the initial negative effect and the lingering effect through the recovery...
Persistent link: https://www.econbiz.de/10012482572
The expiration of the temporary $600 boost to weekly UI benefits under the Federal Pandemic Unemployment Compensation (FPUC) led to a sharp, unprecedented, 98 percentage point reduction (on average) in the replacement rate during a time when employment was recovering during the Covid recession....
Persistent link: https://www.econbiz.de/10012482686
The economic crisis associated with the emergence of the novel corona virus is unlike standard recessions. Demand for workers in high contact and inflexible service occupations has declined, while parental supply of labor has been reduced by lack of access to reliable child care and in-person...
Persistent link: https://www.econbiz.de/10012482720
We explore whether COVID-19 disproportionately affected women in the labor market using CPS data through the end of 2020. We find that male-female gaps in the employment-to-population ratio and hours worked for women with school-age children have widened but not for those with younger children....
Persistent link: https://www.econbiz.de/10012660104
Canonical human capital theories posit that education, by enhancing worker skills, reduces the likelihood that a worker will be laid-off during times of economic change. Yet, this has not been demonstrated causally. We link administrative education records from 1987 through 2002 to nationally...
Persistent link: https://www.econbiz.de/10012629451
We test for heterogeneity in the effects of the COVID-19 recession on young workers by estimating month-by-month effects of the pandemic on labor market outcomes among workers aged 15-19 and aged 20-24. We use CPS data from January 2016 to June 2021, limiting the sample to childless individuals...
Persistent link: https://www.econbiz.de/10012629527
A substantial fraction of schools and childcare facilities in the United States closed their in-person operations during the COVID-19 pandemic. These closures may carry substantial costs to the families of affected children. In this paper, we examine the impact of school and childcare closures...
Persistent link: https://www.econbiz.de/10012814416
This chapter analyzes the implications of the unexpected 2020-2021 COVID-19 pandemic for work and retirement in the U.S. The pandemic induced the greatest loss of jobs in the shortest period of time in U.S. history. A slow economic recovery would surely have endangered work longer/retire later...
Persistent link: https://www.econbiz.de/10012814428
The generosity of Unemployment Insurance (UI) benefits was expanded during the pandemic (FPUC), along with the groups of workers eligible for benefits (PUA). These two programs were set to expire in September 2021, but 18 states opted out of both in June 2021. Using Current Population Survey...
Persistent link: https://www.econbiz.de/10012794603
The COVID-19 pandemic and associated mitigation strategies exacted a large economic toll on large portions of the United States population. For older and disabled workers, the effects could be more persistent and fiscally costly than the impacts experienced by young, healthy workers due to the...
Persistent link: https://www.econbiz.de/10012599373