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The impact of the COVID-19 crisis on the euro area labour market for men and women

Author

Listed:
  • Botelho, Vasco
  • Neves, Pedro

Abstract

This box documents the impact of the coronavirus (COVID-19) crisis on the euro area labour market for men and women. Based on available data up to the end of 2020, the COVID-19 crisis led to a decline in the labour force, a fall in employment and an increase in unemployment, with different developments for men and women across time. Preliminary evidence suggests that workers from both genders benefited from the widespread use of job retention schemes. Still, the decline in average hours worked was somewhat more pronounced for men than for women. The reasons behind the decline in average hours worked differed across gender, with the decline in average hours worked for men driven in part by a decrease in contractual hours and for both men and women by ad hoc reductions in hours worked. This, in turn, increased the gap between the actual hours worked and the contractual hours of work. These developments can also be attributed to the asymmetric sectoral impact of the COVID-19 crisis. Overall, the available evidence suggests that both men and women were strongly affected by the impact of the COVID-19 crisis on the euro area labour market. JEL Classification: E24, J11, J16, J21

Suggested Citation

  • Botelho, Vasco & Neves, Pedro, 2021. "The impact of the COVID-19 crisis on the euro area labour market for men and women," Economic Bulletin Boxes, European Central Bank, vol. 4.
    • Handle: RePEc:ecb:ecbbox:2021:0004:4
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    File URL: https://www.ecb.europa.eu//pub/economic-bulletin/focus/2021/html/ecb.ebbox202104_04~686c89e9bb.en.html
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    Citations

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    Cited by:

    1. Agar Brugiavini & Raluca Elena Buia & Irene Simonetti, 2024. "The evolution of (post) pandemic labour market outcomes of older workers in Europe," Working Papers 2024: 10, Department of Economics, University of Venice "Ca' Foscari".
    2. Gomez-Salvador, Ramon & Soudan, Michel, 2022. "The US labour market after the COVID-19 recession," Occasional Paper Series 298, European Central Bank.

    More about this item

    Keywords

    COVID-19 crisis; Employment; Gender; Unemployment;
    All these keywords.

    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
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • 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

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