| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w30387 |
| 来源ID | Working Paper 30387 |
| Where Have All the Workers Gone? Recalls, Retirements, and Reallocation in the COVID Recovery | |
| Eliza Forsythe; Lisa B. Kahn; Fabian Lange; David G. Wiczer | |
| 发表日期 | 2022-08-22 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | At the onset of the COVID pandemic, the U.S. economy suddenly and swiftly lost 20 million jobs. Over the next two years, the economy has been on the recovery path. We assess the labor market two years into the COVID crisis. We show that early employment dynamics were almost entirely driven by temporary layoffs and later recalls. Taking these into account, we show that the labor market remained surprisingly tight throughout the crisis, despite the dramatic job losses. By spring, 2022, the labor market had largely recovered and was characterized by extremely tight markets and a slightly depressed employment-to-population ratio driven largely by retirements. Finally, we see surprisingly little evidence of excess reallocation, despite predictions that COVID would dramatically and permanently change the way we live and work. We do see that employment has reallocated somewhat away from low-skilled service jobs, and, in light of the job vacancy patterns, conclude that worker preferences or changes in job amenities are driving this shift. In addition, the retirements paved the way for movements up the job ladder, making low-skilled customer-facing jobs even less desirable. |
| 主题 | Macroeconomics ; Consumption and Investment ; Business Cycles ; Labor Economics ; Labor Supply and Demand ; COVID-19 |
| URL | https://www.nber.org/papers/w30387 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/588058 |
| 推荐引用方式 GB/T 7714 | Eliza Forsythe,Lisa B. Kahn,Fabian Lange,et al. Where Have All the Workers Gone? Recalls, Retirements, and Reallocation in the COVID Recovery. 2022. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w30387.pdf（732KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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