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How Does the COVID-19 Crisis Affect Labor Demand? An Analysis Using Job Board Data From Austria

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  • Bamieh, Omar

    (University of Vienna)

  • Ziegler, Lennart

    (University of Vienna)

Abstract

This study uses data from the largest Austrian job board to examine labor-demand responses in the first months after the start of the COVID lockdown in March 2020. Our analysis shows that the number of job postings declined by a third and remained low even when implemented restrictions were loosened again. The decrease in labor demand affected all levels of education to a similar extent. For the remaining vacancies, we observe lower wage offers. Analyzing job descriptions of vacancy posts, we also find that employers became more likely to offer teleworking options. When we control for changes in occupations, estimates remain very similar, suggesting that the impact is not driven by an increase in the demand for teleworkable occupations. To test the robustness of our results, we merge two external occupation-level teleworking measures to our sample. Both measures are highly correlated with telework references in job ads and yield comparable estimates for the differential impact of the pandemic on labor demand.

Suggested Citation

  • Bamieh, Omar & Ziegler, Lennart, 2020. "How Does the COVID-19 Crisis Affect Labor Demand? An Analysis Using Job Board Data From Austria," IZA Discussion Papers 13801, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp13801
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    Cited by:

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    2. Palacios-Lopez,Amparo & Newhouse,David Locke & Pape,Utz Johann & Khamis,Melanie & Weber,Michael & Prinz,Daniel, 2021. "The Early Labor Market Impacts of COVID-19 in Developing Countries : Evidence from High-Frequency Phone Surveys," Policy Research Working Paper Series 9510, The World Bank.
    3. Wolter H. J. Hassink & Guyonne Kalb & Jordy Meekes, 2021. "Regional Coronavirus Hotspots During the COVID-19 Outbreak in the Netherlands," De Economist, Springer, vol. 169(2), pages 127-140, May.
    4. Paweł Churski & Hanna Kroczak & Marta Łuczak & Olena Shelest-Szumilas & Marcin Woźniak, 2021. "Adaptation Strategies of Migrant Workers from Ukraine during the COVID-19 Pandemic," Sustainability, MDPI, vol. 13(15), pages 1-24, July.

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    More about this item

    Keywords

    job postings; telework; COVID-19;
    All these keywords.

    JEL classification:

    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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