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In Table 6, utilizing the leads to Table 5 round closure possibilities as a perform of disaster length, we look at how employment separations would possibly evolve because of firm closure. Building on our estimates of the impression of crisis length on job loss, Table 6 estimates the impact of COVID-19 on aggregate job loss from small business closures and how companies anticipated this to vary with crisis period. Specifically, we begin with the number of workers who’re projected to lose their jobs from small agency closures. We then multiply the initial employment level , at the employment dimension level, by the survey-based estimate of the share of corporations that might be closed in December depending on …
