Job search during the COVID-19 crisis
Hensvik, Lena E. ; Le Barbanchon, Thomas ; Rathelot, Roland
2021
194
1-10
job searching ; labour market analysis ; epidemic disease ; unemployment
Unemployment
https://doi.org/10.1016/j.jpubeco.2020.104349
English
Bibliogr.
"This paper measures the job-search responses to the COVID-19 pandemic using real-time 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 extent that effective labour market tightness increases during the first three months after the COVID outbreak. Third, they redirect their search towards less severely hit occupations, beyond what changes in vacancies would predict. Overall, these job-search responses have the potential to amplify the labour demand shock."
Digital
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