Фото: Ukrainian Presidential Press Service / Reuters
We find that the unemployment rate for young workers in the exposed occupations is flat (see Appendix). But slowed hiring may not necessarily manifest as increased unemployment, since many young workers are labor market entrants without a listed occupation in the CPS data and may exit the labor force rather than appear as unemployed. To address hiring directly, we use the panel dimension of the CPS, counting the percent of young (22-25 year old) workers who begin a new job in a more vs. less exposed occupation over time. Figure 7 shows the monthly job finding rate (i.e., when a worker reports a job that they did not have in the previous month) for young workers, split by whether they are entering a high- vs. low-exposure occupation.
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