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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.

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