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The COVID-19 pandemic and current situation on the labor market in the NUTS 3 regions of the Slovak republic

Author

Listed:
  • Jozef Habánik

    (Alexander Dubček University of Trenčín, Slovakia)

  • Jaroslav Vyhnička

    (Alexander Dubček University of Trenčín, Slovakia)

  • Katarína Štefčíková

    (Alexander Dubček University of Trenčín, Slovakia)

  • Martina Jakubčinová

    (Alexander Dubček University of Trenčín, Slovakia)

Abstract

The outbreak of the worldwide pandemic COVID-19 at the beginning of 2020 prompted almost all governments around the world to implement restrictive measures with social distancing. The dealing with the negative effects of a pandemic on the labor market is different in individual countries. The policy measures can contribute to faster recovery of the labor market, that has been most affected by the pandemic. The main purpose of the article is to analyze changes in labor market of NUTS 3 regions in the Slovak Republic during the pandemic. The aim of the study is to assess the effects of pandemic particular phases on the changes in the labour market in the Slovak republic and the European Union countries. The key method used to analyse these changes is the beta and sigma convergence method, which offers the opportunity to monitor in detail how the labour market situation has changed over time. To fulfil the main purpose of the article, we will work with statistical databases related to pandemic progress and with statistical data of the labour market. The results show that the pandemic has caused labor market changes in the form of rising unemployment, which we attribute mainly to the national lockdown at the beginning of the pandemic.

Suggested Citation

  • Jozef Habánik & Jaroslav Vyhnička & Katarína Štefčíková & Martina Jakubčinová, 2022. "The COVID-19 pandemic and current situation on the labor market in the NUTS 3 regions of the Slovak republic," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 10(2), pages 189-206, December.
    • Handle: RePEc:ssi:jouesi:v:10:y:2022:i:2:p:189-206
    DOI: 10.9770/jesi.2022.10.2(12)
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    References listed on IDEAS

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    1. Marta Fana & Sergio Torrejón Pérez & Enrique Fernández-Macías, 2020. "Employment impact of Covid-19 crisis: from short term effects to long terms prospects," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 47(3), pages 391-410, September.
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    More about this item

    Keywords

    labour market; COVID-19 pandemic; region; regional disparities; unemplo;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • J40 - Labor and Demographic Economics - - Particular Labor Markets - - - General
    • J00 - Labor and Demographic Economics - - General - - - General

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