Labor Market and Digitalization in Portugal
Electronic Access:
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Summary:
This paper analyzes Portugal's labor market and digitalization trends during COVID-19. Portugal had a milder impact on its labor market than previous recessions, with smaller employment declines and less unemployment. However, labor force participation sharply dropped, especially among low-skilled and young workers. Contact-intensive and non-digital jobs and young and low-skilled workers were disproportionately affected. Conversely, digital employment in Portugal grew while non-digital employment decreased. Regression analysis for Europe and the US suggests a temporary rise in digital employment during the pandemic. Policy emphasis on digitalization investments and skills development is crucial for a resilient labor market in Portugal, considering future shocks.
Series:
Selected Issues Paper No. 2023/047
Subject:
COVID-19 Digitalization Employment Health International organization Labor Labor markets Monetary policy Technology
Frequency:
Regular
English
Publication Date:
July 11, 2023
ISBN/ISSN:
9798400248344/2958-7875
Stock No:
SIPEA2023047
Format:
Paper
Pages:
10
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