Displaced workers and the pandemic recession

Angela Guo, Pawel Krolikowski and Meifeng Yang

Economics Letters, 2023, vol. 226, issue C

Abstract: Workers displaced during the pandemic recession experienced better earnings and employment outcomes than workers displaced during previous recessions. A sharp recovery in aggregate labor market conditions after the pandemic recession accounts for these better outcomes. The industry and occupation composition of displaced workers, the prevalence of recalls, and increased take-up of unemployment insurance benefits are unlikely explanations.

Keywords: Job loss; Layoff; Earnings losses; Labor market tightness; COVID-19 (search for similar items in EconPapers)
JEL-codes: E24 J63 J64 J65 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:226:y:2023:i:c:s0165176523000964

DOI: 10.1016/j.econlet.2023.111071

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