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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...
Persistent link: https://www.econbiz.de/10012213681
This paper disentangles the complicated relation between wage, unemployment and vacancy. It proves that job creation is …
Persistent link: https://www.econbiz.de/10012981594
This paper measures the job-search responses to the COVID-19 pandemic using realtime data on vacancy postings and job ad views on Sweden’s largest online job board. First, new vacancy postings drop by 40%, similar to the US. Second, job seekers respond by searching less intensively, to the...
Persistent link: https://www.econbiz.de/10014097877
This paper studies whether labor market mismatch played an important role for labor market dynamics during the COVID-19 pandemic. We apply the framework of S¸ahin et al. (2014) to the US and the UK to measure misallocation between job seekers and vacancies across sectors until the third quarter...
Persistent link: https://www.econbiz.de/10013295149
over long periods of time. The authors of this paper construct a new dataset of occupational employment and unemployment …
Persistent link: https://www.econbiz.de/10010493670
Unemployment and under-employment represented $25.8 billion in annual wages not earned in Los Angeles County, $28 … where one or more breadwinners are under-employed. Unemployment and under-employment rates in LA peaked at the end of 2010 …
Persistent link: https://www.econbiz.de/10012993406
This report uses estimates from the Congressional Budget Office to project an unemployment scenario for the Pandemic … Recession. We go on to use detailed unemployment and homeless data from the 2008 Great Recession to estimate the linkage between … unemployment and homelessness and forecast the amount and type of pandemic-driven homelessness in Los Angeles, California and the …
Persistent link: https://www.econbiz.de/10013251035
risk of unemployment in the 2020 Covid recession so that they and their employers can be located and provided with timely … unemployment from the Census Bureau, the Federal Reserve Bank of St. Louis and the U.S. Department of Labor …
Persistent link: https://www.econbiz.de/10013251036
Conventional wisdom suggests that nominal, demand-side shocks have only temporary effects on real macroeconomic magnitudes and that the duration of their effects depends on the degree of nominal inertia. It is also argued that, in the absence of unit roots, temporary supply-side shocks also have...
Persistent link: https://www.econbiz.de/10005764156
This paper evaluates two theories of unemployment: the natural rate theory (whereby unemployment is depicted as … fluctuating around a reasonably stable natural rate) and the chain reaction theory (which views movements in unemployment as the … unemployment not only in the short run, but in the long run as well. The reason is that, in the presence of growing exogenous …
Persistent link: https://www.econbiz.de/10005504680