EUROPEAN LABOUR MARKET IN PANDEMIC REALITY

Abstract

The beginning of 2020 was marked by an outbreak of the global pandemic COVID-19, which forced almost all governments to adopt restrictive measures in which social distance played a key role. In order to stop the spread of the virus and ensure the safety of people, many businesses were temporarily shut down and millions of workers were absent from their workplaces for long periods. So far, it is difficult to predict how much time, financial resources and effort it will take various actors to recover the world, European and domestic economies. Individual sectors and enterprises will continue to be adversely affected by the effects of the pandemic for a long time to come and will have to increase costs to ensure safety for operational process and labour force. The global impact of the coronavirus pandemic in social, economic, demographic, financial, political and other areas has yet to be comprehensively assessed and analyzed by experts. The article provides insight into analysis of the European labour market and measures adopted by the EU on smoothing the consequences of the coronavirus crisis in the social and labour spheres.