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Labor Market and Digitalization in Portugal / Ippei Shibata.
- Format:
- Book
- Government document
- Author/Creator:
- Shibata, Ippei.
- Series:
- Selected Issues Papers; Selected Issues Paper ; No. 2023/047
- Selected Issues Papers
- Language:
- English
- Physical Description:
- 1 online resource (10 pages)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2023.
- 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.
- Notes:
- Description based on print version record.
- ISBN:
- 9798400248405
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