Assessing Layoffs in Four Midwestern States during the Pandemic Recession

Autor:	Rubén Hernández-Murillo, Pawel Krolikowski
Rok vydání:	2020
Předmět:	Layoff Coronavirus disease 2019 (COVID-19) Notice business.industry media_common.quotation_subject West virginia Retraining Recession Hospitality Political science Pandemic Demographic economics business media_common
Zdroj:	Economic Commentary (Federal Reserve Bank of Cleveland). :1-6
ISSN:	2163-3738 0428-1276
DOI:	10.26509/frbc-ec-202021
Popis:	We use WARN data to assess layoffs in four Midwestern states during the current pandemic-induced recession—Kentucky, Ohio, Pennsylvania, and West Virginia. The data come from the advance layoff notices filed under the Worker Adjustment and Retraining Notification (WARN) Act. We find that the number of workers affected by layoff announcements rose sharply in the second half of March and April, and unexpected changes in economic conditions meant that workers received little advance notice before layoff. Layoff announcements have affected workers across these four states, and workers in mining and leisure and hospitality have been affected the most. Most recently, the number of workers affected by WARN notices has almost returned to prerecession levels.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::2a313f16fbd8ca5a0bfcc5a4969474a6 https://doi.org/10.26509/frbc-ec-202021 Zobrazit plný text záznamu