The firm-level employment impact of COVID-19: International evidence from World Bank Group’s Enterprise Surveys

Safi Ullah Khan

Eastern European Economics, 2023, vol. 61, issue 5, 457-490

Abstract: Using new data from the World Bank Group’s COVID-19 Impact Follow-up Enterprise Surveys completed in 39 countries, we find that a firm’s pre-pandemic financial condition is an important predictor of employment but only at the onset of the pandemic. Second, firms with teleworking arrangements, furloughed workers, and temporarily closed or reporting a decreased demand for products/services are more likely to reduce their workforce at extensive and intensive margins. We also found a clear effect of gender on employment. Firms with a majority of female workers are more likely to reduce their workforce than firms with a majority of male workers.

Date: 2023
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DOI: 10.1080/00128775.2023.2173235

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