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Employment rates in the United States fell dramatically between February 2020 and April 2020 as the initial repercussions of the COVID-19 pandemic reverberated through the labor market. This paper uses data from the CPS Basic Monthly Files to document that the employment decline was particularly...
Persistent link: https://www.econbiz.de/10012833269
We use a repeated large-scale survey of households in the Nielsen Homescan panel to characterize how labor markets are being affected by the COVID-19 pandemic. We document several facts. First, job loss has been significantly larger than implied by new unemployment claims: we estimate 20 million...
Persistent link: https://www.econbiz.de/10012836591
No matter the cause, recessions are usually accompanied by some combination of job loss, hiring freezes, wage cuts or hours reductions. In a rapidly evolving economic crisis there is a need for timely information to assess labour market performance and develop strategies to address the problems...
Persistent link: https://www.econbiz.de/10012827334
We use administrative, survey, and online vacancy data to analyze the short-term labor market impacts of the COVID-19 lockdown in Greece. We find that flows into unemployment have not increased; in fact, separations were lower than would have been expected given trends in recent years. At the same...
Persistent link: https://www.econbiz.de/10012827345
This paper reviews the experience so far of the Spanish labour market during the Covid-19 crisis in the light of current institutions, past performance during recessions, and the policy measures adopted during the pandemic. Emphasis is placed on the role of worldwide trends in labour markets...
Persistent link: https://www.econbiz.de/10013314970
This paper studies inequalities in labour market outcomes, incomes and economic concerns across workers in Germany during the first year of the COVID-19 crisis using SOEP-CoV data. It shows that, overall, the self-employed and disadvantaged groups of workers were more severely affected by the...
Persistent link: https://www.econbiz.de/10014030197
Using data of the largest online job board in China, Zhaopin.com, we examine the impacts of the lockdown policy on the Chinese labor market demand during the coronavirus disease (COVID-19) pandemic. The analyses reveal that the lockdown policy, which was implemented in Wuhan on January 23, 2020,...
Persistent link: https://www.econbiz.de/10014030823
The Canadian labour market experienced a period of unprecedented turmoil following the onset of the COVID-19 pandemic. We analyze the main changes using standard labour force statistics and new data on job postings. Envisaging a phase of temporary severing of employment relationships followed by...
Persistent link: https://www.econbiz.de/10014081272
This research documents employment opportunities of labour-market entrants during the COVID-19 crisis in the Netherlands. Two recent cohorts of graduates are studied and compared to two pre-COVID-19 cohorts: the 2019 cohort was unexpectedly hit by the COVID-19 crisis about six months after...
Persistent link: https://www.econbiz.de/10014083731
The Covid-19 pandemic led to unprecedented disruptions in the labor market. Turkey implemented a worker dismissal ban to mitigate the adverse effects, effective from April 2020 to June 2021. The pandemic and unveiled measures put pressure against recent university graduates' successful...
Persistent link: https://www.econbiz.de/10014083779