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. 2022 May 12;211:104664. doi: 10.1016/j.jpubeco.2022.104664

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Fig. 2 — Employment by Firm Size for Industries With PPP Eligibility at 500 Workers. Note: Each series represents average employment for firms with that particular range of workers in both 2019 and February 2020. Data are weighted by each firm’s employment as of February 2020. Sample reflects firms that were present in the ADP data for all 12 months of 2019. Source: Authors’ analysis of ADP data.