{"id":8439,"date":"2020-07-09T09:14:45","date_gmt":"2020-07-09T08:14:45","guid":{"rendered":"http:\/\/www.economicsobservatory.com\/ongoing-research\/labor-market-flows-and-the-covid-19-economy"},"modified":"2020-07-09T09:14:45","modified_gmt":"2020-07-09T08:14:45","slug":"labor-market-flows-and-the-covid-19-economy","status":"publish","type":"ongoing-research","link":"https:\/\/www.economicsobservatory.com\/test\/ongoing-research\/labor-market-flows-and-the-covid-19-economy","title":{"rendered":"Labor market flows and the Covid-19 economy"},"content":{"rendered":"

I examine labor market flows in the CPS through March 2020. Although there was a dramatic single month increase in the unemployment rate and exit rate from employment, most cyclical flows (hiring, employer-to-employer flows, quits) have not yet changed substantially. I show that increases in flows to non-employment are concentrated in a few sectors (hospitality, other services, and construction), suggesting that the economic slow-down was not yet widespread in March of 2020. However, I show that within-individual hours decreased in March 2020, and this reduction was broad based across industries, occupations, and demographic groups. Note: this project will be updated each month as new data becomes available.<\/p>\n

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