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Deconstructing Hours Worked: How Did Recent Recessions Differ?


Abstract: Weekly usual hours worked per capita recovered faster from the COVID-19 recession than from Great Recession because of stable hours per worker and a fast recovery in the employment rate.

Keywords: hours worked; COVID-19; Great Recession; employment;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2023-08-01