Browsing by Subject "Data"

This thesis studies the effects of the COVID-19-pandemic on the labour market transitions of Finnish service industry workforce. The pandemic and the actions taken to prevent the spreading of the disease created a recession through non-macroeconomic shocks which decreased demand for on-site services and drove a big portion of the service industry workforce to unemployment, mostly through layoffs. While a significant portion of this unemployment was resolved quickly, the remainder appeared to create more persistent and resilient problems in the labour market. This thesis shows through microeconomic data that the pandemic disrupted regular transitions to and from the service industry, particularly in accommodation and food services. The data will show that these disruptions affected female workers more, because the most affected professions were female dominated. It will also be shown that workers born in Finland were more vulnerable than immigrant workers due to the profession these groups tend to represent in Finland. Additionally, it will be shown that the pandemic's effects were more pronounced in the labour markets of bigger cities, but smaller cities had a more difficult recovery period. Some of the pandemic's effects and difficulties in recovery are explained by decreasing trend in retail and new crises, but the government restrictions and decrease in demand affected food and accommodation services the most.