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Job search during the COVID-19 crisis
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Hensvik, Lena, Le Barbanchon, Thomas and Rathelot, Roland (2021) Job search during the COVID-19 crisis. Journal of Public Economics, 194 . 104349. doi:10.1016/j.jpubeco.2020.104349 ISSN 0047-2727.
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Official URL: https://doi.org/10.1016/j.jpubeco.2020.104349
Abstract
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.
| Item Type: | Journal Article | ||||||||
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| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HD Industries. Land use. Labor |
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| Divisions: | Faculty of Social Sciences > Economics | ||||||||
| Library of Congress Subject Headings (LCSH): | Job hunting -- Economic aspects -- Sweden, Coronavirus infections -- Economic aspects -- Sweden, Job vacancies -- Economic aspects -- Sweden, Labor demand -- Economic aspects -- Sweden | ||||||||
| Journal or Publication Title: | Journal of Public Economics | ||||||||
| Publisher: | Elsevier | ||||||||
| ISSN: | 0047-2727 | ||||||||
| Official Date: | February 2021 | ||||||||
| Dates: |
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| Volume: | 194 | ||||||||
| Article Number: | 104349 | ||||||||
| DOI: | 10.1016/j.jpubeco.2020.104349 | ||||||||
| Status: | Peer Reviewed | ||||||||
| Publication Status: | Published | ||||||||
| Access rights to Published version: | Restricted or Subscription Access | ||||||||
| Date of first compliant deposit: | 24 November 2020 | ||||||||
| Date of first compliant Open Access: | 19 December 2022 | ||||||||
| RIOXX Funder/Project Grant: |
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