Table 6.

Counterfactual analysis of the 2020 crisis effect on employed

QuarterEmployedCounterfactualDifferenceDifference/Counterfactual (%)
2020 Q119,681.319,938.5 (87.0)−257.2 (87.0)−1.3
2020 Q218,607.220,366.3 (179.3)−1759.1 (179.3)−8.6
2020 Q319,176.920,548.5 (278.2)−1371.6 (278.2)−6.7
2020 Q419,344.320,630.8 (379.2)−1286.5 (379.2)−6.2
2021 Q119,206,820,594.1 (505.9)−1387.3 (505.9)−6.7
2021 Q219,671.721,015.2 (643.1)−1343.5 (643.1)−6.4
2021 Q320,031.021,192.1 (783.0)−1161.1 (783.0)5.5
2021 Q420,184.921,270.1 (921.9)−1085.2 (921.9)−5.0
2022 Q120,084.721,230.0 (1,078.7)−1145.3 (1,078.7)−5.4
2022 Q220,468.021,648.4 (1,243.6)−1180.4 (1,243.6)−5.5
2022 Q320,545.721,823.2 (1,410.7)−1277.5 (1,410.7)−5.9
Source: Authors’ own work

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