Large-Scale Assessment of Labour Market Dynamics in China during the COVID-19 Pandemic

• URL: http://arxiv.org/abs/2305.00199v2
• Date: Sat, 9 Dec 2023 16:03:17 GMT
• Title: Large-Scale Assessment of Labour Market Dynamics in China during the COVID-19 Pandemic
• Authors: Ying Sun, Hengshu Zhu, Hui Xiong
• Abstract summary: The COVID-19 pandemic has had an unprecedented impact on China's labour market. It has largely changed the structure of labour supply and demand in different regions. It becomes critical for policy makers to understand the emerging dynamics of the post-pandemic labour market.
• Score: 39.687308338101005
• License: http://arxiv.org/licenses/nonexclusive-distrib/1.0/
• Abstract: The outbreak of the COVID-19 pandemic has had an unprecedented impact on China's labour market, and has largely changed the structure of labour supply and demand in different regions. It becomes critical for policy makers to understand the emerging dynamics of the post-pandemic labour market and provide the right policies for supporting the sustainable development of regional economies. To this end, in this paper, we provide a data-driven approach to assess and understand the evolving dynamics in regions' labour markets with large-scale online job search queries and job postings. In particular, we model the spatial-temporal patterns of labour flow and labour demand which reflect the attractiveness of regional labour markets. Our analysis shows that regional labour markets suffered from dramatic changes and demonstrated unusual signs of recovery during the pandemic. Specifically, the intention of labour flow quickly recovered with a trend of migrating from large to small cities and from northern to southern regions, respectively. Meanwhile, due to the pandemic, the demand of blue-collar workers has been substantially reduced compared to that of white-collar workers. In addition, the demand structure of blue-collar jobs also changed from manufacturing to service industries. Our findings reveal that the pandemic can cause varied impacts on regions with different structures of labour demand and control policies. This analysis provides timely information for both individuals and organizations in confronting the dynamic change in job markets during the extreme events, such as pandemics. Also, the governments can be better assisted for providing the right policies on job markets in facilitating the sustainable development of regions' economies.

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