Table 5.

COVID-19 unemployment shocks.

	Standard deviation	Magnitude (%)
Overall population	$\underset{[2.37,4.73]}{3.64}$	$\underset{[1.79,3.80]}{2.90}$
African-American	$\underset{[1.48,4.02]}{2.83}$	$\underset{[1.48,4.37]}{2.97}$
African-American (M)	$\underset{[1.38,3.58]}{2.59}$	$\underset{[1.71,4.79]}{3.39}$
African-American (W)	$\underset{[2.39,4.90]}{3.71}$	$\underset{[2.13,4.52]}{3.40}$
White	$\underset{[2.42,4.62]}{3.61}$	$\underset{[1.70,3.46]}{2.68}$
White (M)	$\underset{[2.23,4.21]}{3.34}$	$\underset{[1.81,3.52]}{2.79}$
White (W)	$\underset{[3.62,6.09]}{4.91}$	$\underset{[2.23,3.82]}{3.10}$

Notes: The table provides the COVID-19 unemployment shock implied by our state-space model for overall US population and for US population classified according to race and gender. To facilitate the interpretation, we provide the scale of standard deviation as well as the actual magnitude (%) of the shock.