EU Employment Dynamics: The Pandemic Years and Beyond


Stefan Jestl and Robert Stehrer

wiiw Research Report No. 457, November 2021
73 pages including 36 Table and 23 Figures

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The economic shock induced by the pandemic has plunged European economies into a recession. Lockdowns and social distancing measures have affected economic life in a substantial way, with industries and population groups facing varying difficulties. This study explores potential future employment dynamics across European industries and employment groups for the period up to 2026 by drawing on past sectoral trends and the latest macroeconomic forecast results from the International Monetary Fund (IMF) and the European Commission. A scenario analysis is also carried out, taking into account the great uncertainty and risks that are related to the baseline forecasts.


Keywords: EU employment dynamics, forecasts, pandemic, recovery

JEL classification: C53, J21

Countries covered: EU Member States

Research Areas: Labour, Migration and Income Distribution