The authors examine job creation, job destruction, and net employment growth across 53 developing and emerging economies during the COVID-19 pandemic. Our evidence draws on survey responses from 27,000 unique firms participating in the World Bank Business Pulse and Enterprise Surveys. The authors uncover an inverse relationship between a country’s GDP per capita and the net contraction in employment during the pandemic. Indeed, lower-income countries...
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2022/05/15
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Report
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180519
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1
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2023/03/02
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Disclosed
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In the Developing World, COVID-19 Was a Job Destruction Shock
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Citation
Barrero Sanclemente,Jose Maria; De Nicola,Francesca; Timmis,Jonathan David; Torres Coronado,Jesica; Pham,Trang Tran Minh.
In the Developing World, COVID-19 Was a Job Destruction Shock (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099213103012320854