In the Journal of Public Economics, by Gopi Shah Goda and Evan J. Soltas: We show that Covid-19 illnesses and related work absences persistently reduce labor supply. Using an event study, we estimate that workers with week-long Covid-19 absences are 7 percentage points less likely to be in the labor force one year later compared to
The post The impacts of Covid-19 absences on workers appeared first on Marginal REVOLUTION.
In the Journal of Public Economics, by Gopi Shah Goda and Evan J. Soltas:
We show that Covid-19 illnesses and related work absences persistently reduce labor supply. Using an event study, we estimate that workers with week-long Covid-19 absences are 7 percentage points less likely to be in the labor force one year later compared to otherwise-similar workers who do not miss a week of work for health reasons. Our estimates suggest Covid-19 absences have reduced the U.S. labor force by approximately 500,000 people (0.2 percent of adults) and imply an average labor supply loss per Covid-19 absence equivalent to $9,000 in forgone earnings, about 90 percent of which reflects losses beyond the initial absence week.
Here is the full article.
The post The impacts of Covid-19 absences on workers appeared first on Marginal REVOLUTION.
Data Source, Economics, Medicine