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The Basic Truth About The Spend Gap

The Basic Truth About The Spend Gap

On the demand side, the onset of the epidemic resulted in a higher loss of jobs in the service sector (Alon et al. 2020b), which commonly employs much more women . Jobs in industries such as leisure and hospitality need higher indoor face-to-face interaction and were hence a lot more impacted by state and regional policies intended to cut down the spread of the virus and by greater worry amongst prospects. In contrast, employment in manufacturing, which employs a disproportionate…

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