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European labour market dynamics after the outbreak of the Covid-19 crisis. 16/04/2021

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"In the Covid-19 crisis, governments around the world are struggling to secure jobs and businesses. Short-time work and comprehensive liquidity support benefit companies, which have so far relied more on these measures than on layoffs. However, the uncertain economic outlook deters many firms from hiring new staff. Also, the number of potential workers is declining throughout Europe, as many are withdrawing from the labour market. In order to analyse the mechanisms behind these dropping employment figures, this article gives an outline of developments in labour market flow statistics in Europe after the outbreak of the Covid-19 crisis."

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