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Types Of Responses Of The Eu Labour Markets In The Early Covid-Pandemic Period

Author

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  • Marlena Cicha-Nazarczuk

    (Faculty of Economic Sciences, University of Warmia and Mazury in Olsztyn)

Abstract

The dual impact of the COVID-19 pandemic (simultaneous demand and supply shocks) was manifested by values of the economically important indicators, including measures applied to the labour market. The magnitude and scope of the response on the European Union labour markets were significantly country-specific parameters. The purpose of this article is to identify the types of responses of the EU labour markets in the early phase of the COVID-19 pandemic. One of the agglomeration clustering methods, namely the Ward approach, has been applied to create groups of the studied labour markets. The application of this method led to the identification of 4 clusters of economies, characterized by different types of response in terms of the direction and intensity of changes on the labour market during the COVID-19 pandemic.

Suggested Citation

  • Marlena Cicha-Nazarczuk, 2023. "Types Of Responses Of The Eu Labour Markets In The Early Covid-Pandemic Period," OLSZTYN ECONOMIC JOURNAL, University of Warmia and Mazury in Olsztyn, Faculty of Economic Sciences, vol. 18(1), pages 5-21, June.
    • Handle: RePEc:ole:journl:v:18:y:2023:i:1:p:5-21
    DOI: https://doi.org/10.31648/oej.9405
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    More about this item

    Keywords

    labour market; COVID-19 pandemic; unemployment; employment; types of responses;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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