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The effect of output on employment in Poland during the COVID-19 pandemic Cover

The effect of output on employment in Poland during the COVID-19 pandemic

Open Access
|Oct 2024

Abstract

The COVID-19 pandemic caused a significant decline in output, as well as economic policies aimed at mitigating the negative effects of the pandemic. Both of these factors had an impact on the labour market. This paper investigates changes in employment across groups of workers during the coronavirus pandemic in Poland and the effect of output on these changes. Firstly, it examines changes in employment growth rates across different groups of workers in 2020. Secondly, the paper analyses the impact of the coronavirus crisis on employment by comparing actual and predicted employment growth during the pandemic period (2020). Using Okun’s law, Ordinary Least Squares, and quarterly data, the elasticities of employment growth with respect to GDP growth in the pre-pandemic period (2003–2019) are calculated. These elasticities are then used to estimate projected employment growth during the pandemic. The results suggest that the total employment response to output change was relatively small, compared to the historical pattern. However, the response was unequal across groups of workers. The youngest workers, particularly women, and those with temporary employment contracts were most affected by the pandemic.

DOI: https://doi.org/10.18559/ebr.2024.3.1490 | Journal eISSN: 2450-0097 | Journal ISSN: 2392-1641
Language: English
Page range: 58 - 83
Submitted on: Apr 17, 2024
Accepted on: Jun 26, 2024
Published on: Oct 6, 2024
Published by: Poznań University of Economics and Business Press
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2024 Krzysztof Bartosik, published by Poznań University of Economics and Business Press
This work is licensed under the Creative Commons Attribution 4.0 License.