TY  - RPRT
        AU  - Kudlyak, Marianna
AU  - Wolcott, Erin L.
        TI  - Pandemic Layoffs and the Role of Stay-at-Home Orders
        PY  - 2024/Jul/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 17139
        UR  - https://www.iza.org/publications/dp17139
        AB  - 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.
        KW  - COVID-19
KW  - pandemic
KW  - mass layoffs
KW  - unemployment
KW  - recovery
        ER  -