Most economists maintain that the labor market in the United States (and elsewhere) is 'tight' because unemployment … rates are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is … stagnant for some time. We show that unemployment is not key to understanding wage formation in the USA and hasn't been since …

countries have experienced a steep increase in unemployment, employment in other developed economies has not fallen in parallel … with a significant decline in GDP. Our analysis shows that labor market institutions frequently used to study employment … performance can explain the development of unemployment in the situation of crisis in some clusters of countries much better than …

A historically high level of youth unemployment presents Greece with a huge social and economic challenge. This paper …

This paper considers the issue of unemployment one of the most pressing issues facing the UK and other governments, as … unemployment among the young and other disadvantaged groups, is typical of past experience. The paper reviews past literature on … the causes of unemployment, arguing that the origin of the present difficulties lies with a collapse in demand rather than …

economic crisis that began in 2008. It starts from the observation that the decline in employment and rise in unemployment in … shows that, at least for the time being, unemployment increases have been contained in countries with comparatively strong …

This paper considers the issue of unemployment one of the most pressing issues facing the UK and other governments, as … unemployment among the young and other disadvantaged groups, is typical of past experience. The paper reviews past literature on … the causes of unemployment, arguing that the origin of the present difficulties lies with a collapse in demand rather than …