The Wage Bills of COVID-19

YiLi Chien, Julie Bennett
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
more » ... rough estimates on the size of the wage loss associated with industries highly impacted by the COVID-19 pandemic. Industries highly affected by the economic shutdown include, but are not limited to, construction; transportation and warehousing; retail trade (excluding food and beverage stores); administrative and waste management services;
doi:10.20955/es.2020.18 fatcat:owpztayqpvgmrbnmcxm23w3c4a