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The Wage Bills of COVID-19
2020
Economic Synopses
issued stay-at-home orders, resulting in the full or partial closure of many non-essential businesses, a significant number of layoffs, and therefore a large amount of lost wages. Industries highly affected by the economic shutdown vary substantially in both how much output they produce and their degree of labor intensity-that is, how much labor they require to produce a certain level of output-suggesting that lost wages could be quite heterogeneous across industries. This short article
doi:10.20955/es.2020.18
fatcat:owpztayqpvgmrbnmcxm23w3c4a