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Job search during the covid-19 crisis

Lena Hensvik (), Thomas Le Barbanchon and Roland Rathelot
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Lena Hensvik: Uppsala University, Postal: Uppsala University, Sweden

No 2021:1, Working Paper Series from IFAU - Institute for Evaluation of Labour Market and Education Policy

Abstract: 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 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.

Keywords: coronavirus; search intensity; search direction; labour demand shock; job vacancies; online job board (search for similar items in EconPapers)
JEL-codes: E24 J21 J22 J23 J62 J63 J64 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2021-01-22
New Economics Papers: this item is included in nep-lab, nep-mac and nep-pay
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (45)

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https://www.ifau.se/globalassets/pdf/se/2021/wp-20 ... -covid-19-crisis.pdf Full text (application/pdf)

Related works:
Journal Article: Job search during the COVID-19 crisis (2021) Downloads
Working Paper: Job Search during the COVID-19 Crisis (2020) Downloads
Working Paper: Job Search during the COVID-19 Crisis (2020) Downloads
Working Paper: Job Search during the COVID-19 Crisis (2020) Downloads
Working Paper: Job Search during the COVID-19 Crisis (2020) Downloads
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