conventional measure of the unemployment rate (that is, the number of individuals who are not working at all and actively searching … working part time who want a full-time job) and the extent of hidden unemployment (that is, people who are not actively ….S. labor market slack and show that underemployment and hidden unemployment currently account for the bulk of the U …

States, Canada, Germany, and several other OECD countries during and after the Great Recession of 2008-09. Unemployment rates … increased moderately in Canada. More recent data also show that, unlike Germany and Canada, the U.S. unemployment rate remains …

We provide a set of comparable estimates for the rates of inflow to and outflow from unemployment for fourteen OECD … economies using publicly available data. We then devise a method to decompose changes in unemployment into contributions … accounted for by changes in inflow and outflow rates for cases where unemployment deviates from its flow steady state, as it …

We show that data on satisfaction with life from over 600,000 Europeans are negatively correlated with the unemployment … the public is willing to accept in terms of unemployment for inflation, at least in terms of keeping the average level of …

harmed either employment or GDP. Even unemployment benefits do not have robustly negative effects …

allows us to control for unmeasured country-specific factors that affect relative employment and unemployment, we find that … of young and older individuals relative to the prime-aged, with no significant effects on the relative unemployment of … raises female unemployment relative to male unemployment. These results suggest that union wage-setting policies price the …

self-employment rate and the unemployment rate. It is also shown that the self-employed are more satisfied with their jobs …

Two key facts about European unemployment must be explained: the rise in unemployment since the 1960s, and the … heterogeneity of individual country experiences. While adverse shocks can potentially explain much of the rise in unemployment … institutions pre-date the rise in unemployment. Based on a panel of institutions and shocks for 20 OECD nations since 1960, we find …