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 …

unemployed and the inactive remain distinct groups with regards to transitions into employment, post-industrial labour markets … markets are more likely to make the transition into employment than has previously been the case. It concludes that whilst the … have indeed become more inclusive. Only a few countries saw decreased odds of transition over time for the unemployed …