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Mismatch unemployment in Austria: The role of regional labour markets for skills

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Abstract

During the last decade, the Austrian labour market experienced a substantial outward shift of the Beveridge curve - the relationship between the unemployment and the job vacancy rate. Using detailed administrative data on vacancies and registered unemployed by region and skill level, we test which factors caused this shift. We find that the Beveridge curve shifted primarily because mismatch increased substantially. Looking on the regional and skill dimension of mismatch unemployment, we find a substantial increase of mismatch unemployment for manual routine tasks as well as for the region of Vienna.

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  • René Böheim & Michael Christl, 2021. "Mismatch unemployment in Austria: The role of regional labour markets for skills," JRC Working Papers on Labour, Education and Technology 2021-08, Joint Research Centre.
    • Handle: RePEc:ipt:laedte:202108
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    More about this item

    Keywords

    Beveridge curve; unemployment; matching efficiency;
    All these keywords.

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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