Table 3.
Labour markets – job search.
| Job Board | Manpower | Randstad | Adecco | Indeed | Curriculum | Resume | ||
|---|---|---|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
| COVID dummy | 0.364*** | 0.228*** | 0.311*** | 0.366*** | 0.314*** | 0.179*** | 0.156 | 0.123*** |
| (0.0202) | (0.060) | (0.056) | (0.047) | (0.032) | (0.017) | (0.106) | (0.034) | |
| Constant | 0.996*** | 0.934*** | 0.986*** | 0.979*** | 1.003*** | 1.005*** | 0.996*** | 1.013*** |
| (0.012) | (0.039) | (0.036) | (0.036) | (0.020) | (0.010) | (0.039) | (0.021) | |
| Day effects | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Panel effects | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| -statistic | 70.35 | 10.92 | 17.98 | 39.17 | 35.96 | 22.52 | 11.41 | 4.28 |
| -value | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.003 |
| Goodness-of-fit | 0.395 | 0.020 | 0.030 | 0.049 | 0.104 | 0.235 | 0.010 | 0.016 |
| No. of obs. | 2352 | 2646 | 2156 | 2548 | 2646 | 2646 | 2646 | 2646 |
| No. of countries | 24 | 27 | 22 | 26 | 27 | 27 | 27 | 27 |
Note: The dependent variable is the seven-day moving average search intensity for country-specific job boards, internationally active agencies and general queries, normalised by the mean search intensity before the COVID-19 outbreak. The COVID cut-off dummy switches value when the number of COVID cases exceeds three cases. Cluster-robust standard errors are noted in parentheses: * p<0.10, ** p<0.05 and ***p<0.01.