The Impact Of Covid 19 On Labor Market Outcomes
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Short Term Impact Of Covid 19 On Consumption And Labor Market Outcomes Evidence From Singapore
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Author : Seonghoon Kim
language : en
Publisher:
Release Date : 2020
Short Term Impact Of Covid 19 On Consumption And Labor Market Outcomes Evidence From Singapore written by Seonghoon Kim and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
We examine the short-term impact of COVID-19 on consumption spending and labor market outcomes. Using monthly panel data of individuals mainly aged 50-70 in Singapore, we find that COVID-19 reduced consumption spending and labor market outcomes immediately after its outbreak, and its negative impact quickly evolved. At its peak, the pandemic reduced total household consumption spending by 22.8% and labor income by 5.9% in April. Probability of full-time work also went down by 1.2 pp and 6.0 pp in April and May, respectively, but employment and self-employment were only mildly affected. Our heterogeneity analysis indicates that the reduction in consumption spending was greater among those with higher net worth, while the decreases in labor market outcomes were greater among those with lower net worth. However, we find little evidence that those in worse health status experienced larger reductions in consumption spending and labor market outcomes. Reductions in consumption spending correlated with increased risk avoidance behavior, the nationwide partial lockdown, worsening economic outlook, and reduced income.
The Impact Of Covid 19 On Labor Market Outcomes
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Author : World Bank
language : en
Publisher:
Release Date : 2021
The Impact Of Covid 19 On Labor Market Outcomes written by World Bank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.
The report describes the effect of the COVID-19 pandemic on labor market outcomes for theGambia and finds evidence that the initial effects of the pandemic on employment were large.
Social Health And Economic Impacts Of The Covid 19 Pandemic And The Epidemiological Control Measures
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Author : Axel Börsch-Supan
language : en
Publisher: Walter de Gruyter GmbH & Co KG
Release Date : 2023-10-23
Social Health And Economic Impacts Of The Covid 19 Pandemic And The Epidemiological Control Measures written by Axel Börsch-Supan and has been published by Walter de Gruyter GmbH & Co KG this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-10-23 with Business & Economics categories.
The COVID-19 pandemic posed a major threat to the well-being of older Europeans. Its economic and social effects, however, varied across countries. This multidisciplinary book presents the first results of analyses that combined the renowned longitudinal database of SHARE with new data from two telephone surveys that were uniquely conducted during the pandemic. The analyses address important policy-related issues, such as: Did social distancing destabilize family and social support networks? Did the pandemic increase health, social and economic inequality? Who had to forego essential health care because of the pandemic? Did lockdown affect one's physical and mental health? Did the shift towards remote work affect workload and well-being? Were different housing conditions related to the spread of the virus?
Impact Of Covid 19 On Labor Market Outcomes Of Refugees And Nationals In Kenya
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Author : Mirko Vintar
language : en
Publisher:
Release Date : 2022
Impact Of Covid 19 On Labor Market Outcomes Of Refugees And Nationals In Kenya written by Mirko Vintar and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
This paper investigates the labor market outcomes for refugee and urban national communities in Kenya during the COVID-19 pandemic, using five waves of a novel high-frequency phone survey collected between May 2020 and June 2021. Even after conditioning on age, gender, educational attainment, and area of living, only 32 percent of refugees were employed in February 2020 compared with 63 percent of nationals. With the onset of the pandemic in March 2020, the share of employed for both refugees and nationals fell by around 36 percent, such that in May-June 2020, only 21 percent of refugees were still employed compared with 40 percent of nationals. Using a panel setup with wave and location fixed effects, the analysis finds that the recovery in the share of employed, hours worked, and household incomes was slower and often stagnant for refugees compared with the recovery of nationals. These differences cannot be explained by demographic factors, living in an urban or camp environment, having been employed previously, or sectoral choice, suggesting that a third, unobservable "refugee factor" inhibits refugees' recovery after a major shock and aggravates preexisting vulnerabilities.
Digital Labour Markets In Central And Eastern European Countries
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Author : Beata Woźniak-Jęchorek
language : en
Publisher: Taylor & Francis
Release Date : 2023-01-19
Digital Labour Markets In Central And Eastern European Countries written by Beata Woźniak-Jęchorek and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-01-19 with Business & Economics categories.
This book examines the impact of the COVID-19 pandemic on changing labour markets and accelerating digitalisation of the workplace in Central and Eastern Europe. It provides an innovative and enriching take on the work experience from the pandemic times and discusses the challenges of ongoing changes in labour markets and workplaces in a way that is not covered by the extant literature. The impact of the COVID-19 pandemic and digitalisation on labour market outcomes is analysed throughout 12 chapters, by 34 labour market experts from various CEE countries. Most chapters are based on empirical methods yet are presented in an easy-to-follow way to make the book also accessible for a non-scientific audience. The volume addresses the three key goals: to better understand the impact of the COVID-19 pandemic on the adoption of workplace digitalisation in the selected labour markets in CEE countries and the potential trade-offs facing those who do and do not have access to this benefit to complement the labour market research by incorporating the outputs of changing demand for skills to contribute new insight into policies and regulations that govern the future of work The book argues that the recent COVID-19 pandemic was a sombre reminder of the relevance and necessity of digital technology for a variety of sectors and market activities. It concludes that to downside the risks of vanishing jobs, as well as to minimise the threats and maximise the opportunities of digitalisation in CEE countries, labour market partners need to consider an effective governance tool in terms of inclusive access to the digital environment, re-skilling, and balanced regulations of the more problematic facets of digital work. The book will be of interest to postgraduate researchers and academics in the fields of labour economics, regional economics, and macroeconomics. Additionally, due to the broader policy implications of the topic, the book will appeal to policymakers and experts interested in labour economics. The Introduction, Chapters 4 and 12 of this book are freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.
The Impact Of U S School Closures On Labor Market Outcomes During The Covid 19 Pandemic
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Author : Kairon Shayne D. Garcia
language : en
Publisher:
Release Date : 2022
The Impact Of U S School Closures On Labor Market Outcomes During The Covid 19 Pandemic written by Kairon Shayne D. Garcia and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
A substantial fraction of k-12 schools in the United States closed their in-person operations during the COVID-19 pandemic. These closures may have altered the labor supply decisions of parents of affected children due to a need to be at home with children during the school day. In this paper, we examine the impact of school closures on parental labor market outcomes. We test whether COVID-19 school closures have a disproportionate impact on parents of school-age children (ages 5-17 years old). Our results show that both women's and men's work lives were affected by school closures, with both groups seeing a reduction in work hours and the likelihood of working full-time but only women being less likely to work at all. We also find that closures had a corresponding negative effect on the earnings of parents of school-aged children. These effects are concentrated among parents without a college degree and parents working in occupations that do not lend themselves to telework, suggesting that such individuals had a more difficult time adjusting their work lives to school closures.
The Japanese Labor Market During The Covid 19 Pandemic
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Author : Shinya Kotera
language : en
Publisher: International Monetary Fund
Release Date : 2022-05-13
The Japanese Labor Market During The Covid 19 Pandemic written by Shinya Kotera and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-05-13 with Business & Economics categories.
This paper investigates labor market dynamics in Japan during the COVID-19 pandemic drawing on macro and micro data. The pandemic and related containment measures had a large negative impact on employment, labor force participation, earnings, and labor market mobility, although policy support through furlough schemes partially mitigated the rise in unemployment. Our results indicate that industry effects were a crucial driver of labor market outcomes for different groups of employees — women, younger age groups, nonregular, self-employed, and low-income workers accounted for a disproportional share of employment in the hardest hit industries. We also find empirical evidence for the need to improve childcare and related support, training and upskilling offerings, and teleworking availability, and the role of skill mismatches in reducing labor market mobility and resource reallocation.
A Survey On The Impact Of Covid 19 On The Labor Market
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Author : Ali Zarifhonarvar
language : en
Publisher:
Release Date : 2022
A Survey On The Impact Of Covid 19 On The Labor Market written by Ali Zarifhonarvar and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
Inequality In The Spanish Labor Market During The Covid 19 Crisis
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Author : Ana Lariau
language : en
Publisher: International Monetary Fund
Release Date : 2022-01-28
Inequality In The Spanish Labor Market During The Covid 19 Crisis written by Ana Lariau and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-28 with Business & Economics categories.
We analyze the differential impact of the COVID-19 crisis on the Spanish labor market across population groups, as well as its implications for income inequality. The main finding is that young, less educated, and low skilled workers, as well as women are the most affected by the COVID-19 shock in terms of job loss rates. The differential impacts were especially acute at the height of the pandemic in 2020 and remain robust after taking into account the heterogeneity of sector characteristics. Given that these vulnerable groups were positioned in the lower end of the income distribution before the crisis, we hypothesize that income inequality likely has increased due to the pandemic. Policies aiming at reducing inequality in the labor market need to go beyond measures that target the hardest-hit sectors and support the vulnerable groups more directly.
Effects Of Social Distancing Policy On Labor Market Outcomes
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Author : Sumedha Gupta
language : en
Publisher:
Release Date : 2020
Effects Of Social Distancing Policy On Labor Market Outcomes written by Sumedha Gupta and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
This paper examines the impact of the social distancing policies states adopted between March and April of 2020 in response to the COVID-19 epidemic. These actions, together with voluntary social distancing, appear to have reduced the rate of new COVID-19 cases and deaths, but raised concerns about the costs experienced by workers and businesses. Estimates from difference-in-difference models that leverage cross-state variation in the timing of business closures and stay-at-home mandates suggest that the employment rate fell by about 1.7 percentage points for every extra 10 days that a state experienced a stay-at-home mandate during the period March 12-April 12, 2020; select business closure laws were associated with similar employment effects. Our estimates imply that about 40% of the 12 percentage point decline in employment rates between January and April 2020 was due to a nationwide shock while about 60% was driven by state social distancing policies. The negative employment effects of state policies were larger for workers in "non-essential" industries, workers without a college degree, and early-career workers. Policy caused relatively modest changes in hours worked and earnings among those who remain employed. We find no concerning evidence of pre-trends in the monthly (low-frequency) CPS data, but use high-frequency data on work-related mobility measured from cellphones, job-loss-related internet searches, and initial unemployment claims to investigate the possibility that the large employment effects experienced in April could have occurred after the March CPS but but before policy adoption. In those analyses, we find pre-trends for some outcomes but not others. Thus we cannot fully rule out that some employment effects shortly predated the policies. As states relax business closures, ensuring gains in labor market activities in ways that continue to mitigate COVID-19 "surges" and public health risks will be key considerations to monitor.