%0 Report
        %A Kudlyak, Marianna
%A Wolcott, Erin L.
        %T Pandemic Layoffs and the Role of Stay-at-Home Orders
        %D 2024
        %8 2024 Jul
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 17139
        %U https://www.iza.org/publications/dp17139
        %X We compile a novel high-frequency, detailed geographic dataset on mass layoffs from U.S. state labor departments. Using recent advances in difference-in-difference estimation with staggered treatment, we find that locally-mandated stay-at-home orders issued March 16–22, 2020 triggered mass layoffs equal to half a percent of the population in just one week. Our findings contribute to explanations for why job loss in 2020 was catastrophic, yet temporary.
        %K COVID-19
%K pandemic
%K mass layoffs
%K unemployment
%K recovery