Employment recovery in the wake of the COVID-19 pandemic.
Saved in:
| Title: | Employment recovery in the wake of the COVID-19 pandemic. |
|---|---|
| Authors: | Handwerker, Elizabeth Weber1 handwerker.elizabeth@bls.gov, Meyer, Peter B.2 meyer.peter@bls.gov, Piacentini, Joseph2 piacentini.joseph@bls.gov |
| Source: | Monthly Labor Review. Dec2020, p1-24. 24p. |
| Subject Terms: | *COVID-19 pandemic, *Labor supply, *Unemployment, *Employment, COVID-19 |
| Geographic Terms: | United States |
| Abstract: | The coronavirus disease 2019 (COVID-19) pandemic's impact on the U.S. labor market is unprecedented. This article reviews economic research on recent pandemicrelated job losses in the United States in order to understand the prospects for employment recovery. The research examines telework use, the incidence of job loss, disruptions in labor supply, and progress toward recovery. Massive temporary layoffs drove a spike in unemployment, and subsequent recalls of unemployed workers drove a rapid but partial recovery. The prospects for full recovery are murkier, both because the fraction of the remaining unemployed expecting to be recalled is decreasing and because the pandemic's future course remains uncertain. [ABSTRACT FROM AUTHOR] |
| Copyright of Monthly Labor Review is the property of US Department of Labor and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) | |
| Database: | Education Research Complete |
Be the first to leave a comment!
