Artikel
US employment inequality in the Great Recession and the COVID-19 pandemic
This article compares inequality in employment across demographic groups in the Great Recession and the COVID-19 pandemic. We develop a measure to capture both how much employment declines during a recession and the persistence of employment losses. Results show a significant shift of job loss from men in the Great Recession to women in the COVID-19 lockdown. White workers fare better than other racial/ethnic groups in both recessions. Black and Hispanic women are hit especially hard in the COVID-19 pandemic. With our job-loss measure, less-educated workers had modestly worse outcomes in the Great Recession. However, during COVID-19, less-educated workers suffer much more severe employment consequences than more-educated groups. We discuss long-term effects of employment inequality and how these findings are relevant to debates about policy responses.
- Sprache
-
Englisch
- Erschienen in
-
Journal: European Journal of Economics and Economic Policies: Intervention (EJEEP) ; ISSN: 2052-7772 ; Volume: 18 ; Year: 2021 ; Issue: 2 ; Pages: 223-239
- Klassifikation
-
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Labor Force and Employment, Size, and Structure
- Thema
-
employment
unemployment
inequality
Great Recession
COVID-19
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Steven M. Fazzari, Ella Needler
- Ereignis
-
Veröffentlichung
- (wer)
-
Edward Elgar Publishing
- (wo)
-
Cheltenham
- (wann)
-
2021
- DOI
-
doi:10.4337/ejeep.2021.02.09
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Steven M. Fazzari, Ella Needler
- Edward Elgar Publishing
Entstanden
- 2021
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