Sekėjai

Ieškoti šiame dienoraštyje

2022 m. rugsėjo 12 d., pirmadienis

No More Indoor Parties: Covid Causes Many To Exit Labor Force


This is a result of long Covid. People's lifes are ruined. Bosses that force people to sit in offices should be sued and fired.

"Illness caused by Covid-19 shrank the U.S. labor force by around 500,000 people, a hit that is likely to persist if the virus continues to sicken workers at current rates, according to a new study released Monday.

Millions of people left the labor force -- the number of people working or looking for work -- during the pandemic for various reasons, including retirement, lack of child care and fear of Covid. The total size of the labor force reached 164.7 million people in August, exceeding the February 2020 prepandemic level for the first time. The labor force would have 500,000 more members if not for the people sickened by Covid, according to the study's authors, economists Gopi Shah Goda of Stanford University and Evan J. Soltas at the Massachusetts Institute of Technology.

"If we stay where we are with Covid infection rates going forward, we expect that 500,000-person loss to persist until either exposure goes down or severity goes down," said Mr. Soltas. That assumes that some of those previously sickened eventually return to work.

The authors "provide the most-credible evidence to date about labor-market impacts for a large set of workers," said Aaron Sojourner, an economist at the W.E. Upjohn Institute for Employment Research, who wasn't involved in the study.

The study, which hasn't yet been peer-reviewed, was based on a representative population of more than 300,000 workers followed over 14 months in the Census Bureau's monthly household survey. The analysis covered the period from January 2010 to June 2022. The authors used health-related, weeklong absences as a proxy for probable Covid illnesses. From March 2020 to June 2022, about 10 workers per thousand missed a week of work due to health reasons, on average, up from six per thousand on average over the decade before the pandemic.

The economists found that people who experienced weeklong absences due to their own health problems were about 7 percentage points less likely to be in the labor force one year later than similar workers who didn't miss work for health reasons." [1]


 1. U.S. News: Illness Causes Many To Exit Labor Force
Guilford, Gwynn. 
Wall Street Journal, Eastern edition; New York, N.Y. [New York, N.Y]. 12 Sep 2022: A.3.

Komentarų nėra: