Recovery from the COVID-19 Recession: Uneven Effects among Young Workers?
BE Journal of Economic Analysis and Policy
; 2023.
Article
in English
| Scopus | ID: covidwho-2293188
ABSTRACT
In this paper, we examine the labor market recovery from the COVID-19 recession and test for effects of termination of pandemic unemployment insurance programs among 15-24-year-olds. We use data from the January 2016-October 2022 Current Population Survey. Using regression-based methods, we show that while 15-19-year-olds experienced a brisk, full recovery in labor market outcomes from the COVID-19 recession, the recovery was sluggish and incomplete among 20-24-year-olds, with some work outcomes lagging below pre-pandemic norms well into 2022. Termination of pandemic UI programs led to increased work hours and full-time employment among 20-24-year-olds but did not have these effects among 15-19-year-olds. © 2023 Walter de Gruyter GmbH, Berlin/Boston.
Full text:
Available
Collection:
Databases of international organizations
Database:
Scopus
Type of study:
Experimental Studies
Language:
English
Journal:
BE Journal of Economic Analysis and Policy
Year:
2023
Document Type:
Article
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