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The Distributional Impacts of Early Employment Losses from COVID-19

Seung Jin Cho and John Winters

No 13266, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: COVID-19 substantially decreased employment, but the effects vary among demographic and socioeconomic groups. We document the employment losses in April 2020 across various groups using the U.S. Current Population Survey. The unemployment rate understates employment losses. We focus on the percentage of the civilian population that is employed and at work. Young persons experienced the largest employment losses. Individuals with less education and lower family income experienced much larger employment losses than their more educated and higher income counterparts. Hispanics and blacks were more adversely affected than whites.

Keywords: COVID-19; coronavirus; pandemic; employment; job losses (search for similar items in EconPapers)
JEL-codes: J10 J20 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2020-05
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (24)

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Working Paper: The Distributional Impacts of Early Employment Losses from COVID-19 (2020) Downloads
Working Paper: The Distributional Impacts of Early Employment Losses from COVID-19 (2020) Downloads
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