Corporate Hiring under Covid-19: Financial Constraints and the Nature of New Jobs
May. 08, 2020
Source: Journal of Financial and Quantitative Analysis (JFQA)
New positions display greater flexibility regarding schedules and tasks. While job posting levels show signs of recovery starting in late-2020, changes to job descriptions and skill profiles persist through early-2022. Financial constraints amplify these changes, with constrained firms’ new hires witnessing greater adjustments to job roles and employment arrangements.