Table 2.
Associations between employment and income indicators with socioeconomic variables during the COVID − 19 pandemic
| Outcome: Job lost by a household member | Outcome: Change in household income | |||||||
|---|---|---|---|---|---|---|---|---|
| Probit | OLS regression | |||||||
| AME | SE | CI | P-value | AME | SE | CI | P-value | |
| Socioeconomic status (ref: E) | ||||||||
| D | −0.015 | 0.031 | (− 0.075, 0.045) | 0.622 | 0.290 | 2.029 | (−3.689, 4.268) | 0.887 |
| C | − 0.105** | 0.030 | (−0.165, − 0.046) | 0.001 | 6.630** | 2.026 | (2.659, 10.602) | 0.001 |
| A/B | −0.157** | 0.036 | (−0.228, − 0.085) | < 0.001 | 14.038** | 2.456 | (9.224, 18.852) | < 0.001 |
| Age | −0.002** | 0.001 | (−0.003, − 0.002) | < 0.001 | 0.017 | 0.035 | (−0.052, 0.086) | 0.623 |
| Sex (ref: male) | ||||||||
| Female | 0.064** | 0.014 | (0.035, 0.092) | < 0.001 | −2.299* | 0.992 | (−4.244, − 0.353) | 0.021 |
| Households with children (ref: no) | ||||||||
| Yes | 0.052** | 0.017 | (0.019, 0.085) | 0.002 | −5.554** | 1.116 | (−7.743, −3.366) | < 0.001 |
| Month (ref: April) | ||||||||
| May | −0.084** | 0.028 | (−0.138, − 0.030) | 0.002 | −3.559+ | 1.963 | (−7.406, 0.289) | 0.070 |
| June | −0.072** | 0.023 | (−0.116, − 0.027) | 0.002 | −3.282* | 1.602 | (−6.423, − 0.141) | 0.041 |
| July | −0.072** | 0.023 | (−0.118, − 0.026) | 0.002 | −2.194 | 1.631 | (−5.392, 1.004) | 0.179 |
| August | −0.046* | 0.023 | (−0.092, − 0.001) | 0.046 | −1.028 | 1.587 | (−4.140, 2.084) | 0.517 |
| Household size | 0.041** | 0.004 | (0.0330, 0.049) | < 0.001 | −1.567** | 0.271 | (−2.099, −1.036) | < 0.001 |
AME Average marginal effect, SE Standard error, CI Confidence intervals. ** = significant at 1%; * = significant at 5%; + = significant at 10%