Employment impacts of the COVID-19 pandemic across metropolitan status and size.

Growth Change

Department of Economics Program for the Study of Midwest Markets and Entrepreneurship (PSMME), Center for Agricultural and Rural Development (CARD), Iowa State University Ames IA USA.

Published: December 2021

AI Article Synopsis

  • The COVID-19 pandemic caused significant job losses across both metropolitan and non-metropolitan areas, with April 2020 seeing the highest impact.
  • Larger metropolitan areas experienced greater employment losses initially, linked to higher COVID-19 infection rates in those regions.
  • Even after infection rates increased in less populated areas, job losses in large metropolitan areas continued to be pronounced through the summer and fall of 2020, indicating long-lasting effects from the initial pandemic phase.

Article Abstract

We use individual-level data from the United States Current Population Survey to examine effects of the COVID-19 pandemic on employment losses across metropolitan area status and population size. Job losses spiked in April 2020, and partially recovered in subsequent months. Non-metropolitan and metropolitan areas of all sizes experienced significant employment losses, but the impacts were much larger in large metropolitan areas. The COVID-19 infection rate was initially higher in large metropolitan areas and this is a significant factor explaining the higher early employment losses in large metropolitan areas. However, higher job losses for large metropolitan areas persisted through summer and fall 2020 even after COVID-19 infection rates became higher in less populous areas. We find evidence of persistent effects of early COVID-19 infection rates on later employment.

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Source
http://www.ncbi.nlm.nih.gov/pmc/articles/PMC8444738PMC
http://dx.doi.org/10.1111/grow.12540DOI Listing

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