Recovery from the COVID-19 Recession: Uneven Effects among Young Workers?

Chatterji Pinka () and Yue Li
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Chatterji Pinka: University at Albany, Albany, USA

The B.E. Journal of Economic Analysis & Policy, 2023, vol. 23, issue 3, 821-842

Abstract: In this paper, we examine the labor market recovery from the COVID-19 recession and test for effects of termination of pandemic unemployment insurance programs among 15–24-year-olds. We use data from the January 2016–October 2022 Current Population Survey. Using regression-based methods, we show that while 15–19-year-olds experienced a brisk, full recovery in labor market outcomes from the COVID-19 recession, the recovery was sluggish and incomplete among 20–24-year-olds, with some work outcomes lagging below pre-pandemic norms well into 2022. Termination of pandemic UI programs led to increased work hours and full-time employment among 20–24-year-olds but did not have these effects among 15–19-year-olds.

Keywords: COVID-19; pandemic; recession; low-skilled workers; teenage employment (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1515/bejeap-2022-0200

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