Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/227328 
Year of Publication: 
2020
Series/Report no.: 
IZA Discussion Papers No. 13801
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
This study uses data from the largest Austrian job board to examine labor-demand responses in the first months after the start of the COVID lockdown in March 2020. Our analysis shows that the number of job postings declined by a third and remained low even when implemented restrictions were loosened again. The decrease in labor demand affected all levels of education to a similar extent. For the remaining vacancies, we observe lower wage offers. Analyzing job descriptions of vacancy posts, we also find that employers became more likely to offer teleworking options. When we control for changes in occupations, estimates remain very similar, suggesting that the impact is not driven by an increase in the demand for teleworkable occupations. To test the robustness of our results, we merge two external occupation-level teleworking measures to our sample. Both measures are highly correlated with telework references in job ads and yield comparable estimates for the differential impact of the pandemic on labor demand.
Subjects: 
job postings
telework
COVID-19
JEL: 
J23
J31
J61
J63
O33
R23
Document Type: 
Working Paper

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