EU Employment Dynamics: The Pandemic Years and Beyond

Stefan Jestl and Robert Stehrer

No 457, wiiw Research Reports from The Vienna Institute for International Economic Studies, wiiw

Abstract: The economic shock induced by the pandemic has plunged European economies into a recession. Lockdowns and social distancing measures have affected economic life in a substantial way, with industries and population groups facing varying difficulties. This study explores potential future employment dynamics across European industries and employment groups for the period up to 2026 by drawing on past sectoral trends and the latest macroeconomic forecast results from the International Monetary Fund (IMF) and the European Commission. A scenario analysis is also carried out, taking into account the great uncertainty and risks that are related to the baseline forecasts.

Keywords: EU employment dynamics; forecasts; pandemic; recovery (search for similar items in EconPapers)
JEL-codes: C53 J21 (search for similar items in EconPapers)
Pages: 73 pages including 36 Table and 23 Figures
Date: 2021-11
New Economics Papers: this item is included in nep-lma
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Citations: View citations in EconPapers (3)

Published as wiiw Research Report

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