COVID-19

How has policy affected employment in small businesses in the US?

People queue to enter Payomatic, a business that offers check cashing, as unemployment claim figures were released, during the coronavirus disease (COVID-19) outbreak in Manhattan, New York City, New York, U.S., April 2, 2020. REUTERS/Andrew Kelly - RC2IWF9MM1UY

Employment fell 22% in the first month of the pandemic in the US. Image: REUTERS/Andrew Kelly

Ahu Yildirmaz
Head, ADP Research Institute; Labour Economist, Automatic Data Processing Inc. (ADP)
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Employment by firm size for industries with PPP eligibility.
Image: Autor et al “An Evaluation of the Paycheck Protection Program Using Administrative Payroll Microdata”
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