TY  - RPRT
        AU  - Buhmann, Mara
AU  - Pohlan, Laura
AU  - Roth, Duncan H.W.
        TI  - Economic Shocks and Worker Careers: Has the COVID-19 Pandemic Affected Transitions Out of Unemployment?
        PY  - 2024/Sep/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 17268
        UR  - https://www.iza.org/index.php/publications/dp17268
        AB  - Temporary economic shocks can have enduring effects on individuals and their career trajectories. This paper investigates the labour market effects of the Covid- 19 pandemic on newly unemployed individuals, the underlying mechanisms as well as occupation-specific effect heterogeneity. The results indicate long-lasting earnings losses due to the pandemic, which can be explained by a decline in employment in the short run and a decline in wages in the longer run. We further find that the lower the lockdown work ability of a worker's previous occupation, the greater the adverse effects of the pandemic.
        KW  - economic shocks
KW  - COVID-19
KW  - unemployment
KW  - worker careers
KW  - occupations
        ER  -