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How Do We Think the COVID-19 Crisis Will Affect Our Careers (If Any Remain)?

Author

Listed:
  • Baert, Stijn

    () (Ghent University)

  • Lippens, Louis

    () (Ghent University)

  • Moens, Eline

    () (Ghent University)

  • Sterkens, Philippe

    (Ghent University)

  • Weytjens, Johannes

    (Ghent University)

Abstract

This study is the first in the world to investigate the expected impact of the COVID-19 crisis on career outcomes and career aspirations. To this end, high-quality survey research with a relevant panel of Belgian employees was conducted. About 21% of them fear losing their jobs due to the crisis—14% are concerned that they will even lose their jobs in the near future. In addition, 26% expect to miss out on promotions that they would have received had the COVID-19 crisis not occurred. This fear of a negative impact is higher in vulnerable groups, such migrants. In addition, we observe that many panel members believe they will look at the labour market differently and will have different work-related priorities in the future. In this respect, more than half of the panel members indicate that they have attached more importance to working conditions and work-life balance since the COVID-19 crisis.

Suggested Citation

  • Baert, Stijn & Lippens, Louis & Moens, Eline & Sterkens, Philippe & Weytjens, Johannes, 2020. "How Do We Think the COVID-19 Crisis Will Affect Our Careers (If Any Remain)?," IZA Discussion Papers 13164, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp13164
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    7. David H. Autor, 2015. "Why Are There Still So Many Jobs? The History and Future of Workplace Automation," Journal of Economic Perspectives, American Economic Association, vol. 29(3), pages 3-30, Summer.
    8. Andrew Atkeson, 2020. "What Will be the Economic Impact of COVID-19 in the US? Rough Estimates of Disease Scenarios," Staff Report 595, Federal Reserve Bank of Minneapolis.
    9. Herwig Immervoll & Andreas Peichl & Konstantinos Tatsiramos (ed.), 2011. "Who Loses in the Downturn? Economic Crisis, Employment and Income Distribution," Research in Labor Economics, Emerald Publishing Ltd, volume 32, number rlec.2011.32, November.
    10. Stijn Baert & Dieter Verhaest, 2019. "Unemployment or Overeducation: Which is a Worse Signal to Employers?," De Economist, Springer, vol. 167(1), pages 1-21, March.
    11. Baert, Stijn & Omey, Eddy & Verhaest, Dieter & Vermeir, Aurélie, 2015. "Mister Sandman, bring me good marks! On the relationship between sleep quality and academic achievement," Social Science & Medicine, Elsevier, vol. 130(C), pages 91-98.
    12. Warwick McKibbin & Roshen Fernando, 2020. "The global macroeconomic impacts of COVID-19: Seven scenarios," CAMA Working Papers 2020-19, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    13. Weijters, Bert & Cabooter, Elke & Schillewaert, Niels, 2010. "The effect of rating scale format on response styles: The number of response categories and response category labels," International Journal of Research in Marketing, Elsevier, vol. 27(3), pages 236-247.
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    Cited by:

    1. Christina Boll & Simone Schüller, 2020. "The Situation is Serious, but Not Hopeless - Evidence-Based Considerations on the Intra-Couple Division of Childcare before, during and after the Covid-19 Lockdown," SOEPpapers on Multidisciplinary Panel Data Research 1098, DIW Berlin, The German Socio-Economic Panel (SOEP).
    2. Baert, Stijn & Lippens, Louis & Moens, Eline & Weytjens, Johannes & Sterkens, Philippe, 2020. "The COVID-19 Crisis and Telework: A Research Survey on Experiences, Expectations and Hopes," IZA Discussion Papers 13229, Institute of Labor Economics (IZA).
    3. Balduzzi, Pierluigi & Brancati, Emanuele & Brianti, Marco & Schiantarelli, Fabio, 2020. "The Economic Effects of COVID-19 and Credit Constraints: Evidence from Italian Firms' Expectations and Plans," IZA Discussion Papers 13629, Institute of Labor Economics (IZA).
    4. Guven, Cahit & Sotirakopoulos, Panagiotis & Ulker, Aydogan, 2020. "Short-term Labour Market Effects of COVID-19 and the Associated National Lockdown in Australia: Evidence from Longitudinal Labour Force Survey," GLO Discussion Paper Series 635, Global Labor Organization (GLO).
    5. Pablo de Pedraza & Martin Guzi & Kea Tijdens, 2020. "Life Dissatisfaction and Anxiety in COVID-19 pandemic," MUNI ECON Working Papers 2020-03, Masaryk University.
    6. Betcherman, Gordon & Giannakopoulos, Nicholas & Laliotis, Ioannis & Pantelaiou, Ioanna & Testaverde, Mauro & Tzimas, Giannis, 2020. "Reacting quickly and protecting jobs: The short-term impacts of the COVID-19 lockdown on the Greek labor market," GLO Discussion Paper Series 613, Global Labor Organization (GLO).
    7. Christina Boll & Simone Schüller, 2020. "Die Lage ist ernst, aber nicht hoffnungslos – empirisch gestützte Überlegungen zur elterlichen Aufteilung der Kinderbetreuung vor, während und nach dem COVID-19 Lockdown," SOEPpapers on Multidisciplinary Panel Data Research 1089, DIW Berlin, The German Socio-Economic Panel (SOEP).
    8. Pierluigi Balduzzi & Emanuele Brancati & Marco Brianti & Fabio Schiantarelli, 2020. "The Economic Effects of COVID-19 and Credit Constraints: Evidence from Italian Firms’ Expectations and Plans," Boston College Working Papers in Economics 1013, Boston College Department of Economics, revised 22 Aug 2020.
    9. Sterkens, Philippe & Baert, Stijn & Rooman, Claudia & Derous, Eva, 2020. "As If It Weren't Hard Enough Already: Breaking down Hiring Discrimination Following Burnout," IZA Discussion Papers 13514, Institute of Labor Economics (IZA).
    10. Betcherman, Gordon & Giannakopoulos, Nicholas & Laliotis, Ioannis & Pantelaiou, Ioanna & Testaverde, Mauro & Tzimas, Giannis, 2020. "Reacting Quickly and Protecting Jobs: The Short-Term Impacts of the COVID-19 Lockdown on the Greek Labor Market," IZA Discussion Papers 13516, Institute of Labor Economics (IZA).
    11. Pouliakas, Konstantinos & Branka, Jiri, 2020. "EU Jobs at Highest Risk of COVID-19 Social Distancing: Will the Pandemic Exacerbate Labour Market Divide?," IZA Discussion Papers 13281, Institute of Labor Economics (IZA).
    12. de Pedraza, Pablo & Guzi, Martin & Tijdens, Kea, 2020. "Life Dissatisfaction and Anxiety in COVID-19 pandemic," GLO Discussion Paper Series 544, Global Labor Organization (GLO).
    13. Capema, Giulio & Colagrossi, Marco & Geraci, Andrea & Mazzarella, Gianluca, 2020. "Googling Unemployment During the Pandemic: Inference and Nowcast Using Search Data," Working Papers 2020-04, Joint Research Centre, European Commission (Ispra site).
    14. Carbonero, Francesco & Scicchitano, Sergio, 2021. "Labour and technology at the time of Covid-19. Can artificial intelligence mitigate the need for proximity?," GLO Discussion Paper Series 765, Global Labor Organization (GLO).
    15. Antonio Estache & Simon Tooth, 2020. "On the scope for work-from-home in high and upper middle-income countries," Working Papers ECARES 2020-46, ULB -- Universite Libre de Bruxelles.
    16. Philippe Sterkens & Stijn Baert & Claudia Rooman & Eva Derous, 2020. "As if it weren’t hard enough already: Breaking down hiring discrimination following burnout A causal machine learning evaluation of training in Belgium," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 20/1000, Ghent University, Faculty of Economics and Business Administration.
    17. Bonacini, Luca & Gallo, Giovanni & Scicchitano, Sergio, 2020. "All that glitters is not gold. Effects of working from home on income inequality at the time of COVID-19," GLO Discussion Paper Series 541, Global Labor Organization (GLO).
    18. Brancati, Emanuele & Brancati, Raffaele, 2020. "Heterogeneous Shocks in the Covid-19 Pandemic: Panel Evidence from Italian Firms," GLO Discussion Paper Series 649, Global Labor Organization (GLO).
    19. Luca Bonacini & Giovanni Gallo & Sergio Scicchitano, 2021. "Working from home and income inequality: risks of a ‘new normal’ with COVID-19," Journal of Population Economics, Springer;European Society for Population Economics, vol. 34(1), pages 303-360, January.
    20. McGinnity, Frances & Russell, Helen & Privalko, Ivan & Enright, Shannen, 2020. "COVID-19 in Ireland: Non-Irish nationals as essential workers and as job losers," Research Series, Economic and Social Research Institute (ESRI), number BKMNEXT404.

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    More about this item

    Keywords

    COVID-19; careers; employment; career aspirations;
    All these keywords.

    JEL classification:

    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
    • J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination

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