The Covid-19 recession stands out in two ways. First, it is enormous and unfolding at an unprecedented speed. Second, the mix of workers who have been struck is unusual. While a typical recession hits blue-collar workers in construction and manufacturing hardest, the brunt of the Covid-19 recession is borne by workers in sectors with a high intensity of worker-client interaction and workers in personal-service oriented occupations (Adams-Prassl et al. 2020). In the US, the crisis has destroyed ten million jobs in ‘retail trade’ and ‘leisure and hospitality’ industries alone, and one out of three workers in service occupations have lost their job. This is why some call the Covid-19 recession a ‘pink-collar recession’ (e.g. Ribeiro 2020, Wang 2020). However, one should not forget that this

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