Full Citation
Title: How Has Covid-19 Affected Young Workers?
Citation Type: Journal Article
Publication Year: 2021
ISBN:
ISSN:
DOI: 10.18128/D030.V7.0
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Abstract: Covid-19 and its fallout have had a staggering effect on labor markets around the world. In April 2020, the unemployment rate rose to a post-WWII record high of 14.7 percent (+ 10.3 percentage points from April 2019) in the United States (Bureau of Labor Statistics 2020). One group of workers that has been of particular concern to policymakers is the young, likely owing to their relatively fragile financial situations as well as the potential for long-term scarring effects of reduced employment during the pandemic (Schwandt and von Wachter 2020; Gould and Kassa 2020). In this paper, we examine the effects of the pandemic recession on young workers, whom we define as being 21–30 years old, relative to older age groups. In doing so, we use the techniques of our companion paper, Cowan and Garcia (2021), which analyzes how employment has changed over the course of the pandemic for all workers by gender, race/ethnicity, and educational level. In this paper, we also examine how the experience of young workers has differed across categories within these classifications.
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Authors: Cowan, Benjamin; Shayne Garcia, Kairon
Periodical (Full): CESifo Forum
Issue: 4
Volume: 22
Pages: 1-7
Data Collections: IPUMS CPS
Topics: Health, Labor Force and Occupational Structure
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