Table 2.
Summary measures by firm size
Closed at time | Expected to close by December | Weeks COVID will last | Current/January employment | |||||
Number of Employees | Mean | SD | Mean | SD | Mean | SD | Mean | SD |
Under 5 | 0.46 | 0.50 | 0.36 | 0.48 | 15.8 | 10.9 | 0.66 | 0.49 |
5 to 9 | 0.47 | 0.50 | 0.39 | 0.49 | 14.7 | 10.2 | 0.52 | 0.44 |
10 to 19 | 0.41 | 0.49 | 0.42 | 0.49 | 14.7 | 10.1 | 0.55 | 0.47 |
20 to 99 | 0.36 | 0.48 | 0.30 | 0.46 | 14.1 | 9.5 | 0.58 | 0.42 |
100 to 499 | 0.26 | 0.44 | 0.22 | 0.42 | 16.2 | 10.8 | 0.72 | 0.44 |
Unknown | 0.41 | 0.49 | 0.49 | 0.50 | 16.7 | 10.5 | . | . |
Total | 0.45 | 0.50 | 0.37 | 0.48 | 15.4 | 10.6 | 0.61 | 0.45 |
n | 4,976 | . | 4,059 | . | 4,162 | . | 4,365 | . |
This table reports breakdowns by firm size. There are 103 firms in this sample with unknown employment as of January. All measures are coded according to Table 1 legend.