The varying impact of COVID-19 in the Spanish Labor Market

The varying impact of COVID-19 in the Spanish Labor Market

The unexpected arrival of covid-19 in 2020 stressed the vulnerabilities of the Spanish labor market. In this paper, we analyze the immediate impact of the pandemic on labor market outcomes in Spain. We find that, during the national lockdown period, individuals worked 3 h less per week. Moreover, we...

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Bibliographic Details
Published in:Empirica Vol. 51; no. 4; pp. 1075 - 1104
Main Authors: Cabanillas-Jiménez, Guillermo, Galanakis, Yannis
Format: Journal Article
Language:English
Published: New York Springer US 01-11-2024
Springer Nature B.V
Subjects:
COVID-19
Econometrics
Economic conditions
Economics
Economics and Finance
Employment
European Integration
Industrial Organization
International Economics
Labor force participation
Labor market
Macroeconomics/Monetary Economics//Financial Economics
Original Paper
Pandemics
Public Finance
Unemployment
COVID-19
Labor market
C01
C23
C34
C26
C90
J22
J44
Spain
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Summary:The unexpected arrival of covid-19 in 2020 stressed the vulnerabilities of the Spanish labor market. In this paper, we analyze the immediate impact of the pandemic on labor market outcomes in Spain. We find that, during the national lockdown period, individuals worked 3 h less per week. Moreover, we associate the pandemic with a 5.7 percentage point’s reduction in labor force participation. Finally, we do not find heterogenous effects across sectors.
ISSN:0340-8744
1573-6911
DOI:10.1007/s10663-024-09629-9