Table 2.
Impact of epidemic on employment of college graduates.
| Variable | Recruitment needs | Job search supply | Employment boom | |||
|---|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | ||
| Number of required positions | Demand number | Number of suppliers | Delivery times | CIER-index | ||
| Epidemic impact | −0.213***
(0.025) |
−0.848***
(0.215) |
1.59***
(0.519) |
2.14***
(0.439) |
−0.256***
(0.066) |
|
| City grade | New first-tier city | −1.772***
(0.108) |
−12.104***
(0.858) |
−27.587***
(2.722) |
−121.811***
(12.748) |
0.234 (0.148) |
| Second-tier city | −2.089***
(0.127) |
−14.491***
(1.016) |
−28.944***
(2.875) |
−123.634***
(13.152) |
−0.059 (0.189) |
|
| Third-tier city | −1.874***
(0.152) |
−12.268***
(1.231) |
−23.965***
(3.176) |
−100.168***
(14.289) |
−0.071 (0.252) |
|
| Administrative area | Central region | 0.154***
(0.05) |
2.598***
(0.471) |
−3.886***
(0.878) |
−16.758***
(4.001) |
0.925***
(0.144) |
| Western region | −0.075 (0.051) |
0.211 (0.48) |
−0.833 (0.968) |
−4.667 (4.24) |
0.056 (0.152) |
|
| North-east region | −0.072***
(0.027) |
−0.436**
(0.193) |
−0.189 (0.546) |
−0.017 (2.371) |
−0.169 (0.125) |
|
| Urban characteristics | Control | Control | Control | Control | Control | |
| Time trend | Control | Control | Control | Control | Control | |
| Constant term | −1.346**
(0.678) |
−23.656***
(5.039) |
−59.844***
(12.033) |
−237.319***
(53.796) |
15.322***
(3.126) |
|
| Variance ratio | 212.79 | 204.57 | 49.73 | 42.11 | 39.61 | |
| R2 | 0.869 | 0.845 | 0.730 | 0.691 | 0.548 | |
| Observations | 990 | 990 | 990 | 990 | 990 | |
According to the big data of Zhilian Recruitment Network and the data authors of China Urban Statistical Yearbook 2019. Marginal effects are reported in the table, and robust standard errors are shown in parentheses.
***
Significant at the level of 1%.
**
Significant at the level of 5%.
*
Significant at the level of 10%.