The Impacts of Covid-19 Illnesses on Workers / Gopi Shah Goda, Evan J. Soltas.

Format:

Book

Author/Creator:

Goda, Gopi Shah.

Contributor:

National Bureau of Economic Research.

Soltas, Evan J.

Series:

Working Paper Series (National Bureau of Economic Research) no. w30435.

NBER working paper series no. w30435

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2022.

Summary:

We show that Covid-19 illnesses persistently reduce labor supply. Using an event study, we estimate that workers with week-long Covid-19 work 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 illnesses have reduced the U.S. labor force by approximately 500,000 people (0.2 percent of adults) and imply an average forgone earnings per Covid-19 absence of at least $9,000, about 90 percent of which reflects lost labor supply beyond the initial absence week.

Notes:

Print version record

September 2022.