BIS - Identifying Regions At Risk With Google Trends: The Impact Of Covid-19 On US Labour Markets

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.