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Effects of the Covid-19 Recession on the US Labor Market

Occupation, Family, and Gender

Bibliographic Data

ID4028893
AuthorsStefania Albanesi (0009-0008-5990-5898, Stefania Albanesi is Professor of Economics, University of Pittsburgh, Pittsburgh, Pennsylvania. She is also a Research Associate, National Bureau of Economic Research, Cambridge, Massachusetts, and a Research Fellow, Centre for Economic Policy Research, London, United Kingdom.), Jiyeon Kim (0009-0005-1875-9861, Jiyeon Kim is an Associate Fellow, Korea Development Institute, Yeongi-gun, South Korea.), Ji‐Yeon Kim (0000-0002-8713-1497, Korea Development Institute)
Year2021
Volume35
Issue3
Pages3-24
Publication date2021-08-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Journal of Economic Perspectives (JOURNAL)
Journal identifiersISSN: 0895-3309 • E-ISSN: 1944-7965
PublisherAmerican Economic Association (PUBLISHER • US)
DOI10.1257/jep.35.3.3
OpenAlexW3192707087
LanguageEN
Citations received68
References cited5

The economic crisis associated with the emergence of the novel corona virus is unlike standard recessions. Demand for workers in high contact and inflexible service occupations has declined while parental supply of labor has been reduced by lack of access to reliable child care and in-person schooling options. This has led to a substantial and persistent drop in employment and labor force participation for women, who are typically less affected by recessions than men. We examine real-time data on employment, unemployment, labor force participation and gross job flows to document the impact of the pandemic by occupation, gender and family status. We also discuss the potential long-term implications of this crisis, including the role of automation in depressing the recovery of employment for the worst hit service occupations

Demographic economics · Economic growth · Economics · Economy · Labor demand · Labour economics · Pandemic · Recession · Unemployment · Wage · COVID-19 Pandemic Impacts · Digital Economy and Work Transformation · Employment and Welfare Studies · Medicine

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Unique citing works68
Citations per year13,6
Citation span2021 - 2026 (6)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 66

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