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Maine Employment Change During the Early Months of the COVID-19 Pandemic: A Shift-Share Analysis

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  • Todd, Gabe

Abstract

The Maine economy experienced an 11-percent reduction in employment from February to July of 2020, with job losses of 18 percent from February to April and a 10-percent increase from April to July. Of the employment decline of 57,100 jobs from February to July, about 85 percent of the loss is related to the performance of the U.S. economy, and 16 percent is associated with factors that are unique to Maine. Over the period of extreme job loss from February to April and the employment gains that happened between April and July, there’s wide heterogeneity in the performance of industry sectors in Maine. For example, the sectors of Health Care and Social Assistance, and Accommodation and Food Services performed worse than expected (based on employment change nationally and Maine’s industry mix) from February to April, followed by a period of better than expected performance in Maine from April to July. The Retail Trade sector is one of several industries in Maine that outperformed the sector nationally between February and April, and from April to July of 2020.

Suggested Citation

  • Todd, Gabe, 2020. "Maine Employment Change During the Early Months of the COVID-19 Pandemic: A Shift-Share Analysis," MPRA Paper 103125, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:103125
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    File URL: https://mpra.ub.uni-muenchen.de/103125/1/MPRA_paper_103125.pdf
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    References listed on IDEAS

    as
    1. Alexander W. Bartik & Marianne Bertrand & Zoë B. Cullen & Edward L. Glaeser & Michael Luca & Christopher T. Stanton, 2020. "How Are Small Businesses Adjusting to COVID-19? Early Evidence from a Survey," NBER Working Papers 26989, National Bureau of Economic Research, Inc.
    2. Scott R Baker & Robert A Farrokhnia & Steffen Meyer & Michaela Pagel & Constantine Yannelis & Jeffrey Pontiff, 0. "How Does Household Spending Respond to an Epidemic? Consumption during the 2020 COVID-19 Pandemic," The Review of Asset Pricing Studies, Society for Financial Studies, vol. 10(4), pages 834-862.
    3. Simon Mongey & Laura Pilossoph & Alex Weinberg, 2020. "Which Workers Bear the Burden of Social Distancing Policies?," Working Papers 2020-51, Becker Friedman Institute for Research In Economics.
    4. Simon Mongey & Laura Pilossoph & Alexander Weinberg, 2021. "Which workers bear the burden of social distancing?," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 19(3), pages 509-526, September.
    5. Dingel, Jonathan I. & Neiman, Brent, 2020. "How many jobs can be done at home?," Journal of Public Economics, Elsevier, vol. 189(C).
    6. Gabe, Todd & Crawley, Andrew, 2020. "A Note on the Reduction in Hospitality Sales Prior to a State’s COVID-related Stay-at-Home Order: Evidence from Maine, USA," MPRA Paper 102362, University Library of Munich, Germany.
    7. Hoppes, R. Bradley, 1997. "Shift-Share Analysis for Regional Health Care Policy," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 27(1), pages 1-12.
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    Cited by:

    1. Gabe, Todd & Diodato, William, 2021. "Maine Employment Change in 2020: Impacts of the COVID-19 Pandemic," MPRA Paper 106930, University Library of Munich, Germany.

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    More about this item

    Keywords

    COVID-19; Employment change; Shift-share analysis; Maine;
    All these keywords.

    JEL classification:

    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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