Bird’s Eye View of COVID-19, Mobility, and Labor Market Outcomes Across the US
Peter Fuleky and
István Szapudi ()
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István Szapudi: University of Hawai’i at Mānoa
Economics of Disasters and Climate Change, 2022, vol. 6, issue 2, No 6, 339-353
Abstract:
Abstract COVID-19 dealt a formidable blow to the US economy. We present a joint analysis of the epidemiological and labor market outcomes across US states. We focus on the relationship across relevant indicators in the pre-vaccination era. As expected, we find strong correlation between changes in economic conditions and mobility. However, mobility fluctuations tend to be uncorrelated with local epidemics and occur simultaneously across most states. The magnitude of the mobility response is highly correlated with the rural vs. urban character of the area. Employment losses are most strongly associated with high population density and concentration of the leisure and hospitality industry. The relationship between job losses and the case fatality ratio is affected by the timing of the most severe COVID-19 waves.
Keywords: COVID-19; Case fatality ratio; Mobility; Labor market; Urban character (search for similar items in EconPapers)
JEL-codes: I18 J28 O18 Q54 R12 (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1007/s41885-022-00110-0
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