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Title: Employment Transitions Among Older Americans During the Initial Lockdown and Early Reopening Months of the Covid-19 Recession
Citation Type: Journal Article
Publication Year: 2022
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Abstract: This study examines the employment status of older Americans in the months immediately before and after the peak COVID-19 lockdown in April 2020. We construct longitudinal employment data from 2019-2020 Current Population Surveys. To account for seasonal fluctuations in employment and retirement patterns that are not unique to the COVID-19 recession, we implement a difference-in-differences analysis using multinomial logistic regressions. We find that the onset of the pandemic immediately and adversely affected all workers, but the extent of the employment disruptions varied by age group, sex, and whether the worker has a college degree. Reemployment patterns after the peak lockdown month also varied but did not simply reverse the earlier patterns. Our findings imply that the employment effects of the COVID-19 recession are substantially different from those of previous recessions.
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Authors: Tamborini, Christopher R.; ChangHwan Kim,
Periodical (Full): Social Security Bulletin
Issue: 4
Volume: 82
Pages: 23-39
Data Collections: IPUMS CPS
Topics: Aging and Retirement, Health, Labor Force and Occupational Structure
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