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Labor Market Flows and The Covid-19 Economy

Authors: Eliza Forsythe;

Labor Market Flows and The Covid-19 Economy

Abstract

I examine labor market flows in the CPS through March 2020. Although there was a dramatic single month increase in the unemployment rate and exit rate from employment, most cyclical flows (hiring, employer-to-employer flows, quits) have not yet changed substantially. I show that increases in flows to non-employment are concentrated in a few sectors (hospitality, other services, and construction), suggesting that the economic slow-down was not yet widespread in March of 2020. However, I show that within-individual hours decreased in March 2020, and this reduction was broad based across industries, occupations, and demographic groups.

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Powered by OpenAIRE graph
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
5
Top 10%
Average
Top 10%
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