COVID-19 and the labour market: regional shifts of human capital working in technology and employment

Abstract

The COVID-19 pandemic has severely impacted Europe’s labour market, which could have been seen by the speed of the implementation among digital technologies as well as in the changing employment frameworks. This study aims to examine the impact of the pandemic on Europe’s labour market and technological environment by identifying statistically significant labour market and technology variables. The researchers used data from European regions from 2018 to 2023 to perform summary statistics, conduct pre- and post-pandemic comparisons, examine correlations among important indicators, and undertake cluster analysis to reveal patterns of regional resilience. The findings demonstrated that the health crisis affected Europe’s labour market, showing considerable regional variations before and after the outbreak. The study explored the achievements of various regions in Europe during this period, identifying discrepancies that could guide targeted actions and resource allocation. This research further enhanced the current scientific literature on the socioeconomic effects of the pandemic.

Keywords

• covid-19
• labour market
• digital technology
• cluster analysis
• regional resilience