ABSTRACT
We construct a theoretical model to interpret the structural shock from the COVID-19 pandemic and the response of local labour market and industry specialization. The empirical study takes the large-scale online labour market of China to analyse firms’ hiring demand for 20 industries across 380 cities with monthly recruitment data from May 2017 to September 2020. Post-event quantitative analysis on job postings and employer demand highlighted that the pandemic resulted in an unemployment shock and industry- and city-level redistribution of the worker. China’s local job market resilience also revealed a regional imbalance, correlated with pandemic risk, city scale and industry structure.
ACKNOWLEDGEMENT
Xinguo Yu and Hengxu Song contributed equally to this article.
DISCLOSURE STATEMENT
No potential conflict of interest was reported by the authors.