unemployment rate increased dramatically, and the labor force participation rate declined by four percentage points between 2007 … unemployment via a reduction in overall labor supply. As the crisis deepened, long-term unemployment escalated, creating … significant policy challenges. Overall unemployment has been dropping rapidly since 2013, but remains above its pre-crisis level. …

This paper assesses the impact the Great Recession had on individuals' transitions to and from unemployment in Ireland …. The rate of transition from unemployment to employment declined between 2006 and 2011, while the rate from employment to … unemployment increased. The results indicate that young people are much less likely to exit unemployment but, at the same time …