Opinion

What puzzling effect did COVID-19 have on the US labour market? An expert explains

Aug 26, 2022

SunPower Corporation, headquartered in Silicon Valley, equipment technicians install P-Series solar panel manufacturing technology at its Hillsboro manufacturing plant in Hillsboro, Oregon, U.S., November 7, 2018. New data has revealed the impact of COVID-19 on the US labour market.

New data by LinkedIn has revealed the impact of COVID-19 on the US labour market. Image: REUTERS/Steve Dipaola/File Photo

Rand Ghayad

Head of Economics and Global Labor Markets, LinkedIn

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The conventional interpretation of an outward shift in the Beveridge curve is a labour market mismatch between jobs and skills. Image: LinkedIn

When adjusted for those waiting to be re-hired, the data tells a different story about the impact of COVID-19 on the US labour market. Image: LinkedIn

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