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.
- Language
-
Englisch
- Bibliographic citation
-
Journal: European Journal of Economics and Economic Policies: Intervention (EJEEP) ; ISSN: 2052-7772 ; Volume: 18 ; Year: 2021 ; Issue: 2 ; Pages: 223-239
- Classification
-
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Labor Force and Employment, Size, and Structure
- Subject
-
employment
unemployment
inequality
Great Recession
COVID-19
- Event
-
Geistige Schöpfung
- (who)
-
Steven M. Fazzari, Ella Needler
- Event
-
Veröffentlichung
- (who)
-
Edward Elgar Publishing
- (where)
-
Cheltenham
- (when)
-
2021
- DOI
-
doi:10.4337/ejeep.2021.02.09
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Steven M. Fazzari, Ella Needler
- Edward Elgar Publishing
Time of origin
- 2021
Other Objects (12)
Wealth Inequality and the Great Recession
Income inequality developments in the Great Recession
Income inequality developments in the great recession
Income inequality developments in the Great Recession
Black employment trends since the Great Recession
The Great Recession, austerity and inequality: Evidence from Ireland
Inequality of opportunity during the great recession in Uganda
EU-wide income inequality in the era of the Great Recession
EU-wide income inequality in the era of the Great Recession
How did the great recession affect income inequality in Spain?
How did the great recession affect income inequality in Spain?
The impact of the great recession on employment polarization in Spain
Wealth Inequality and the Great Recession
Income inequality developments in the Great Recession
Income inequality developments in the great recession
Income inequality developments in the Great Recession
Black employment trends since the Great Recession
The Great Recession, austerity and inequality: Evidence from Ireland
Inequality of opportunity during the great recession in Uganda
EU-wide income inequality in the era of the Great Recession
EU-wide income inequality in the era of the Great Recession
How did the great recession affect income inequality in Spain?
How did the great recession affect income inequality in Spain?
The impact of the great recession on employment polarization in Spain
Wealth Inequality and the Great Recession
Income inequality developments in the Great Recession
Income inequality developments in the great recession
Income inequality developments in the Great Recession
Black employment trends since the Great Recession
The Great Recession, austerity and inequality: Evidence from Ireland
Inequality of opportunity during the great recession in Uganda
EU-wide income inequality in the era of the Great Recession
EU-wide income inequality in the era of the Great Recession
How did the great recession affect income inequality in Spain?
How did the great recession affect income inequality in Spain?