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The Covid Crisis: Occupational Impacts in EU Economies and Policy Suggestions

Georg Fischer () and Michael Landesmann
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Georg Fischer: The Vienna Institute for International Economic Studies, wiiw, https://wiiw.ac.at/georg-fischer-s-1238.html

No 53, wiiw Policy Notes from The Vienna Institute for International Economic Studies, wiiw

Abstract: This policy note examines sectoral and occupational employment impacts of the Covid-19 crisis. The crisis hit EU economies (and advanced economies in general) as they were already undergoing important structural changes due to technological change (digitisation), a factor affecting most organisations now and in the future. Some of these changes accelerated during the pandemic, along with at times dramatic changes in sectoral demand patterns (due to lock-downs) and shifts in work organisation, all of which had strongly differential impacts on various occupational groups. The policy note studies in-depth occupational employment patterns before and during the pandemic using detailed Labour Force Statistics, including analysis of the differentiated impacts on women and men. The major policy challenge is to avoid lasting gaps in overall employment as economies recover and as temporary support schemes are phased out. Further, policy makers need to focus attention on how to accompany the continuing changes in structural employment patterns. These changes can have significant and lasting impacts on the employment prospects of different segments of the labour force (in terms of age, gender and educational/skill levels). The policy note postulates a number of policy actions which should be embarked upon, both at the national and EU level.

Keywords: Covid-19 crisis, employment impact, occupational and sectoral impacts; gender impacts (search for similar items in EconPapers)
JEL-codes: J01 J08 J23 J24 O52 O57 (search for similar items in EconPapers)
Pages: 36 pages including 12 Tables and 5 Figures
Date: 2021-11
New Economics Papers: this item is included in nep-cwa and nep-lma
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