Arbeitspapier

Job Search during the COVID-19 Crisis

This paper measures the job-search responses to the COVID-19 pandemic using realtime data on vacancy postings and ad views on Sweden's largest online job board. First, the labour demand shock in Sweden is as large as in the US, and affects industries and occupations heterogeneously. Second, the scope and direction of search change. Job seekers respond to the shock by searching less intensively and by redirecting their search towards less severely hit occupations, beyond what changes in labour demand would predict. The redirection of job search changes relative hiring costs, and has the potential to amplify labour demand shifts.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 13237

Classification
Wirtschaft
Time Allocation and Labor Supply
Labor Demand
Labor Force and Employment, Size, and Structure
Job, Occupational, and Intergenerational Mobility; Promotion
Labor Turnover; Vacancies; Layoffs
Unemployment: Models, Duration, Incidence, and Job Search
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Subject
COVID-19
coronavirus
search intensity
search direction
labour demand shock
job vacancies
online job board

Event
Geistige Schöpfung
(who)
Hensvik, Lena
Le Barbanchon, Thomas
Rathelot, Roland
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2020

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hensvik, Lena
  • Le Barbanchon, Thomas
  • Rathelot, Roland
  • Institute of Labor Economics (IZA)

Time of origin

  • 2020

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