As the COVID-19 pandemic hit the European continent at the beginning of 2020, one of the most significant socio-economic effects that immediately become the central focus of media and governing bodies was the unemployment and the sudden transformations suffered by the job market. This effect created major concerns for citizens and governing structures, as the pandemic generated a new and unparalleled economic context, where the short and medium-term future of several sectors seemed unpredictable. The concern acted upon the job insecurity of individuals, a perceived threat to the continuity and stability of their employment.
Based on a self-reported survey covering the first pandemic wave, our study classifies the regions (NUTS2 level) from six EU countries according to their performance in terms of job insecurity, but also the shock intensity (death rates and case fatality ratio), and identifies the overall over and under performers. The results show that the regional evolution of the job insecurity could be linked to the pandemic evolution, especially in the stronger economies. However, the model does not follow a classic economic core-periphery pattern. The model is challenged especially by a stronger performance of several less performant regions from Italy, Romania, or France.
Supplementary Information
The online version contains supplementary material available at 10.1007/s12076-023-00337-9.