Measuring the Effects of the Covid-19 Delta Wave on the U.S. Hourly Labor Market

Brave, Scott A.; Cole, Ross; Grove, Stephanie

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Measuring the Effects of the Covid-19 Delta Wave on the U.S. Hourly Labor Market

Abstract: In this article, we take a closer look at the implications of rising Covid-19 cases and vaccination rates for the U.S. hourly labor market. To do so, we rely on geographic variation in the high-frequency data collected by the firm Homebase with its timekeeping software. This data source allows us to make use of U.S. state-level variation on a daily basis in order to decompose the effects on hourly employees and hours worked from both rising cases and vaccinations.

Keywords: Labor and Demographic Economics;

JEL Classification: C23; I10; J20;