Fig. 1From: Industry shutdown rates and permanent layoffs: evidence from firm-worker matched dataComparison of shutdown and continuing firms. Note: This graph provides a comparison between shutting down firms in year t with continuing firms. For these two groups of firms, the graph provides the median employment size and growth rate in 3 years prior to firm shutdown in the former group. For a full comparison by industry, see Tables 5 and 6 Back to article page