The Impacts of Covid-19 Illnesses on Workers
Gopi Goda and
Evan J. Soltas
No 30435, NBER Working Papers from National Bureau of Economic Research, Inc
Abstract:
We show that Covid-19 illnesses persistently reduce labor supply. Using an event study, we estimate that workers with week-long Covid-19 work absences are 7 percentage points less likely to be in the labor force one year later compared to otherwise-similar workers who do not miss a week of work for health reasons. Our estimates suggest Covid-19 illnesses have reduced the U.S. labor force by approximately 500,000 people (0.2 percent of adults) and imply an average forgone earnings per Covid-19 absence of at least $9,000, about 90 percent of which reflects lost labor supply beyond the initial absence week.
JEL-codes: I12 J17 J21 J22 (search for similar items in EconPapers)
Date: 2022-09
New Economics Papers: this item is included in nep-hea and nep-lma
Note: AG EH LS PE
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