Job search during the COVID-19 crisis

Lena Hensvik, Thomas Le Barbanchon, Roland Rathelot

This paper measures the job-search responses to the COVID-19 pandemic using realtime data on vacancy postings and ad views on Sweden's largest online job board. First, the labour demand shock in Sweden is as large as in the US, and affects industries and occupations heterogeneously. Second, the scope and direction of search change. Job seekers respond to the shock by searching less intensively and by redirecting their search towards less severely hit occupations, beyond what changes in labour demand would predict. The redirection of job search changes relative hiring costs, and has the potential to amplify labour demand shifts.

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Year of publication:	May 2020
Authors:	Hensvik, Lena ; Le Barbanchon, Thomas ; Rathelot, Roland
Publisher:	Bonn, Germany : IZA - Institute of Labor Economics
Subject:	COVID-19 \| coronavirus \| search intensity \| search direction \| labour demand shock \| job vacancies \| online job board \| Coronavirus \| Arbeitsuche \| Job search \| Arbeitsnachfrage \| Labor demand \| Arbeitslosigkeit \| Unemployment \| Offene Stellen \| Job vacancies \| Beschäftigungseffekt \| Employment effect \| Schock \| Shock \| Suchtheorie \| Search theory

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Extent:	1 Online-Ressource (circa 39 Seiten) Illustrationen
Series:	Discussion paper series / IZA. - Bonn : IZA, ZDB-ID 2120053-1. - Vol. no. 13237
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/223679 [Handle]
Classification:	J22 - Time Allocation and Labor Supply ; J23 - Employment Determination; Job Creation; Demand for Labor; Self-Employment ; J21 - Labor Force and Employment, Size, and Structure ; J62 - Occupational and Intergenerational Mobility ; J63 - Turnover; Vacancies; Layoffs ; J64 - Unemployment: Models, Duration, Incidence, and Job Search ; E24 - Employment; Unemployment; Wages
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012213681