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historically focussed on reducing unemployment (the tip of the iceberg), the group of inactive people (below the waterline) is much … larger. Therefore, we point to the clear limitations of the unemployment rate as the (single) key macro-economic indicator of … the health of the labour market. A parsimonious dashboard approach utilising the unemployment-to-population ratio and the …
Persistent link: https://www.econbiz.de/10012254253
Survey (LFS) to construct worker transition rates across employment, unemployment, and inactivity. Our approach involves … splitting of unemployment outflows between employment and inactivity. In turn, the estimated job search factor can be used in a … transition rates: (a) from employment to unemployment have fallen over time (b) from unemployment to employment were unusually …
Persistent link: https://www.econbiz.de/10014461497
document how worker flows between employment, unemployment, and out of the labor force vary by gender and age and contribute to …Cross-country employment differences are concentrated among women, the youth, and older individuals. In this paper, we … aggregate employment differences across a large panel of European countries. We then build a life-cycle Diamond …
Persistent link: https://www.econbiz.de/10014502913
The effect of foreign labor on native employment within an occupation depends on native labor supply to that occupation … implies that the effect of migrant labor supply on native employment is close to zero within this occupation, and may be …
Persistent link: https://www.econbiz.de/10011607330
This research documents changes in employment and wages in the Netherlands for different types of workers. We compare … employment has been growing by 2 percent in the period 2017-2023, of which 1.8 percent has been due to additional workers finding … employment. Women have experienced the largest increase in employment, while the employment of men on temporary contracts has …
Persistent link: https://www.econbiz.de/10014545239
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …
Persistent link: https://www.econbiz.de/10010369825
employment into unemployment; ii) job-search effectiveness measured by the probability of moving from unemployment into … the effect is positive in the most recent periods. For native transition from employment to unemployment a complementary … result was partly to be expected, and therefore the effect of immigrants on native employment is analyzed here. Two aspects …
Persistent link: https://www.econbiz.de/10011410707
reacts to regional employment shocks in a variety of cases. Shock responses are channelled via changes in unemployment …' relative position persists: those with the highest unemployment rates in 1996 were also in the worse position in 2012. To …, unemployment and spatial mobility become the central ones in recession. We also provide evidence of real wage rigidities in both …
Persistent link: https://www.econbiz.de/10010221827
"recall") unemployment, those "employed but absent from work" for unspecified reasons, or not in the labour force while … 80 percent of their pre-crisis level. Also, data suggest that the increase in employment in May 2020 is due to some of … those waiting to be recalled re-entering employment. These patterns suggest that the labour market might rebound quickly …
Persistent link: https://www.econbiz.de/10012249341
implied by new unemployment claims: we estimate 20 million lost jobs by April 8th, far more than jobs lost over the entire … rise in the unemployment rate over the corresponding period to be surprisingly small, only about 2 percentage points. Third …
Persistent link: https://www.econbiz.de/10012201645