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Past, Present and Future of the Spanish Labour Market: When the Pandemic meets the Megatrends

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  • Juan J Dolado
  • Florentino Felgueroso
  • Juan F.Jimeno

Abstract

This paper reviews the experience so far of the Spanish labour market during the Covid‐19 crisisin the light of the existing institutions, its performance during past recessions, and the policymeasures adopted during the pandemic. Emphasis is placed on the role of worldwide trends inlabour markets, due to automation and AI, in shaping a potential recovery of this (hopefully)transitory shock through a big reallocation process of employment and economic activity. It alsohighlights some innovations to employment and social policies needed to smooth thereallocation process and lessen the rise in inequality associated to technological trends.

Suggested Citation

  • Juan J Dolado & Florentino Felgueroso & Juan F.Jimeno, 2020. "Past, Present and Future of the Spanish Labour Market: When the Pandemic meets the Megatrends," Studies on the Spanish Economy eee2020-37, FEDEA.
  • Handle: RePEc:fda:fdaeee:eee2020-37
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    References listed on IDEAS

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    1. Valerie Cerra & Antonio Fatás & Sweta C. Saxena, 2023. "Hysteresis and Business Cycles," Journal of Economic Literature, American Economic Association, vol. 61(1), pages 181-225, March.
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    7. Juan J. Dolado & Etienne Lalé & Nawid Siassi, 2021. "From dual to unified employment protection: Transition and steady state," Quantitative Economics, Econometric Society, vol. 12(2), pages 547-585, May.
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    10. Antonio Cabrales & Juan J. Dolado & Ricardo Mora, 2017. "Dual employment protection and (lack of) on-the-job training: PIAAC evidence for Spain and other European countries," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 8(4), pages 345-371, November.
    11. Florentino Felgueroso & José Ignacio García Pérez & Sergi Jiménez, 2020. "Guía práctica para evaluar los efectos sobre el empleo de la crisis del COVID-19 y el Plan de Choque Económico," Fedea Economy Notes 2020-04, FEDEA.
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    Cited by:

    1. Porras-Arena, M. Sylvina & Martín-Román, Ángel L. & Dueñas Fernández, Diego & Llorente Heras, Raquel, 2022. "Okun’s Law: The effects of the COVID-19 pandemic and the temporary layoffs procedures (ERTE) on Spanish regions," MPRA Paper 115530, University Library of Munich, Germany.
    2. Francesco Pastore, 2023. "Covid-19 and the youth-to-adult unemployment gap," IZA World of Labor, Institute of Labor Economics (IZA), pages 500-500, January.
    3. Claudia Hupkau & Jenifer Ruiz-Valenzuela, 2022. "Work and children in Spain: challenges and opportunities for equality between men and women," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 13(1), pages 243-268, May.
    4. Sorin-Ciprian Teiusan & Sorin-Constantin Deaconu, 2021. "Artificial Intelligence And Covid-19: An Analysis In Business And Economics," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 144-156, October.

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