Identifying regions at risk with Google Trends: the impact of Covid-19 on US labour markets
BIS Bulletin
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No
8
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21 April 2020
Key takeaways
- Information on local labour markets and Google searches can be used to construct a measure of the vulnerability of employment in different regions of the United States to the Covid-19 shock.
- Regional exposure to Covid-19 varies significantly, ranging from a low of 2% to a high of 98% of total local employment.
- We test for the usefulness of the Covid-19 exposure measure by showing that areas with higher exposure report more Google search queries related to the pandemic and unemployment benefits.