IZA DP No. 13869: The Spanish Labour Market at the Crossroads: COVID-19 Meets the Megatrends
published in: Applied Economic Analysis, 2021, 29 (85), 21-41.
This paper reviews the experience so far of the Spanish labour market during the Covid-19 crisis in the light of current institutions, past performance during recessions, and the policy measures adopted during the pandemic. Emphasis is placed on the role of worldwide trends in labour markets (automation and AI) in shaping a potential recovery from this (hopefully) transitory shock through a big reallocation process of employment and economic activity.