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The Path Through: Early COVID-19 Job Loss and Labour Market Trajectories in Austria

Author

Listed:
  • Stefan Jestl

    (The Vienna Institute for International Economic Studies, wiiw)

  • Marina Tverdostup

    (The Vienna Institute for International Economic Studies, wiiw)

Abstract

This paper examines the socio-demographic disparities evident in the early labour market response to the COVID-19 pandemic in Austria, relying on the register-based labour market career dataset from the Austrian Micro Data Center (AMDC) for the 2018-2021 period. The analysis focuses on the divergences in out-of-unemployment transitions and medium-term employment stability among those who lost their jobs early in the pandemic in contrast to the group of the longer-term unemployed. We document that individuals affected by job loss during the initial phases of the pandemic did not exhibit enduring scarring effects. Unlike their longer-term unemployed counterparts, they did not demonstrate persistent labour market detachment, prolonged periods of unemployment or a diminished success rate in re-employment. However, certain socio-demographic cohorts – notably, women, parents with two or more young children, and individuals with lower levels of education – faced disproportionate challenges during the pandemic. They were more inclined to transition into precarious employment arrangements and experienced lower levels of employment stability in the months following re-employment.

Suggested Citation

  • Stefan Jestl & Marina Tverdostup, 2024. "The Path Through: Early COVID-19 Job Loss and Labour Market Trajectories in Austria," wiiw Working Papers 246, The Vienna Institute for International Economic Studies, wiiw.
    • Handle: RePEc:wii:wpaper:246
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    References listed on IDEAS

    as
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    Keywords

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    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality

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