{"id":54567,"date":"2023-12-01T18:23:41","date_gmt":"2023-12-01T17:23:41","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/abgeschwaechter-arbeitsmarktaufschwung-2019-und-der-covid-19-schock-im-fruehjahr-2020\/"},"modified":"2024-11-07T06:16:40","modified_gmt":"2024-11-07T05:16:40","slug":"abgeschwaechter-arbeitsmarktaufschwung-2019-und-der-covid-19-schock-im-fruehjahr-2020","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/54567\/","title":{"rendered":"Weaker Labour Market in 2019 and the COVID-19 Shock in Spring 2020"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-54567","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"In 2019, the slowdown in the economy had a delayed impact on the labour market. The upturn on the labour market in 2017 and 2018 only continued in a weaker form: employment continued to grow, but at a much slower pace. The decline in unemployment slowed down noticeably. With the outbreak of the COVID-19 pandemic and the subsequent countermeasures in mid-March 2020, the upward trend came to an abrupt end. Unemployment skyrocketed, reaching its highest level ever since World War II at the end of April. COVID-19 short-time work prevented even greater job losses. Nonetheless, the decline in dependent employment was the highest since the 1950s.","onlinedate":"2020-05-29 12:00:00","lang":"German","publication_series":"","publication_date":"20200501","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":382540,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"93","monthly_report_pages":"363-375","monthly_report_pages_sort":"363","issue":"5","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":"2020-05-29 12:00:00","types":[44312],"research_groups":[3510],"collaboration":"","persons":[3822,3581,3627,3903,3684],"persons_data":"[{\"personId\":3822,\"personName\":\"Julia Bock-Schappelwein\",\"organisationNames\":[]},{\"personId\":3581,\"personName\":\"Rainer Eppel\",\"organisationNames\":[]},{\"personId\":3627,\"personName\":\"Ulrike Huemer\",\"organisationNames\":[]},{\"personId\":3903,\"personName\":\"Walter Hyll\",\"organisationNames\":[]},{\"personId\":3684,\"personName\":\"Helmut Mahringer\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[41281],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.5 (Yoast SEO v26.5) - 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