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The Initial Labour Market Impact of COVID-19

Author

Listed:
  • Byrne, Stephen

    (Central Bank of Ireland)

  • Coates, Dermot

    (Central Bank of Ireland)

  • Keenan, Enda

    (Central Bank of Ireland)

  • McIndoe-Calder, Tara

    (Central Bank of Ireland)

Abstract

Job losses since the outbreak of COVID-19 are concentrated in the Accommodation & Food Services and retail sectors. By matching social welfare payment data on those who have lost jobs with survey information from before the crisis, we show that younger workers and those in the lower quintiles of the income distribution have suffered the greatest number of job losses. Larger firms have been more successful in retaining links with their employees through the Temporary Wage Subsidy Scheme.

Suggested Citation

  • Byrne, Stephen & Coates, Dermot & Keenan, Enda & McIndoe-Calder, Tara, 2020. "The Initial Labour Market Impact of COVID-19," Economic Letters 04/EL/20, Central Bank of Ireland.
    • Handle: RePEc:cbi:ecolet:04/el/20
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    File URL: https://www.centralbank.ie/docs/default-source/publications/economic-letters/vol-2020-no-4-the-initial-labour-market-impact-of-covid-19-(byrne-coates-keenan-mcindoe-calder).pdf?sfvrsn=4
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    Cited by:

    1. Roantree, Barra & Maître, Bertrand & McTague, Alyvia & Privalko, Ivan, 2021. "Poverty, income inequality and living standards in Ireland," Research Series, Economic and Social Research Institute (ESRI), number BKMNEXT412, June.
    2. Vikkram Singh & Homayoun Shirazi & Jessica Turetken, 2022. "The COVID-19 Era—Influencers of Uneven Sector Performance: A Canadian Perspective," Economies, MDPI, vol. 10(2), pages 1-24, February.
    3. Nolan, Anne & Smyth, Emer, 2022. "Disrupted transitions: young adults during the COVID-19 pandemic," Research Series, Economic and Social Research Institute (ESRI), number RS142, June.
    4. Boyd, Laura & Byrne, Stephen & Keenen, Enda & McIndoe Calder, Tara, 2022. "Labour market recovery after a pandemic," Quarterly Bulletin Articles, Central Bank of Ireland, pages 89-129, July.
    5. Crowley, Frank & Doran, Justin & Ryan, Geraldine, 2020. "The impact of Covid-19 restrictions on workers: Who is most exposed?," SRERC Working Paper Series SRERCWP2020-3, University College Cork (UCC), Spatial and Regional Economic Research Centre (SRERC).

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