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, this transformation took place within just a few years. Until the mid-2000s job opportunities were scarce and unemployment … was high. But since then labor demand has picked up and unemployment has dropped substantially. In contrast to the earlier …
Persistent link: https://www.econbiz.de/10005822263
2007 that include a longitudinal component. It first shows that sustained economic growth will reduce youth unemployment … reduce youth unemployment. Third, the analysis of labor market characteristics reveals that young graduates experience long … unemployment as they cue for high-skill jobs. Moreover, the public sector remains the main provider of employment opportunities for …
Persistent link: https://www.econbiz.de/10008922970
2007 that include a longitudinal component. It first shows that sustained economic growth will reduce youth unemployment … reduce youth unemployment. Third, the analysis of labor market characteristics reveals that young graduates experience long … unemployment as they cue for high-skill jobs. Moreover, the public sector remains the main provider of employment opportunities for …
Persistent link: https://www.econbiz.de/10010278333
The Swedish adult education program known as the Knowledge Lift (1997-2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of lowskill workers. This paper evaluates the potential effects of this program on aggregate labor market outcomes. This is done...
Persistent link: https://www.econbiz.de/10005822408
This paper provides a critique of the "unemployment invariance hypothesis," according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … equilibrating mechanisms to ensure unemployment invariance and that other markets may perform part of the equilibrating process as …
Persistent link: https://www.econbiz.de/10005822664
using the micro-data, this paper shows that this state of non-searching unemployment or discouragement has increased more … some of the jobless with considerable movements between the two categories of unemployment. These findings from the first … unemployment, which includes discouraged workers. In response to these labour market challenges, the government should further …
Persistent link: https://www.econbiz.de/10009371917
We use a novel approach to studying the heterogeneity in the job finding rates of the nonemployed by classifying the nonemployed by labor force status (LFS) histories, instead of using only one-month LFS. Job finding rates differ substantially across LFS histories: they are 25-30% among those...
Persistent link: https://www.econbiz.de/10011094076
sudden increase in labour force participation and unemployment during this period. However, since these individuals would … in unemployment signifies a more accurate reflection of disguised unemployment that already existed in the mid-1990s …
Persistent link: https://www.econbiz.de/10010889992
unemployment in Europe. Using Faccini's data and his estimation methods, we show that the Fixed Effects estimation results collapse … evidence to support the conclusion that greater use of temporary contracts would decrease unemployment. …
Persistent link: https://www.econbiz.de/10010886150
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10011559606