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continuing convergence of employment and unemployment patterns for men and women. However, some recent negative trends include a … rise in unemployment, especially long-term unemployment, a deteriorating youth labor market, and a stagnant gender earnings …
Persistent link: https://www.econbiz.de/10011984694
The level of compliance with minimum wage laws often depends on factors specific to each labor market. In most developing countries, a substantial share of workers still earns less than the legal minimum. Enforcement has not kept up with growth in regulations to protect workers from low wages...
Persistent link: https://www.econbiz.de/10011404911
Compliance with minimum wage laws and non-wage conditions of employment often depends on labor market specific factors. In developing countries, many workers still earn less than the legal minimum and lack access to mandated non-wage benefits. Enforcement has not kept up with regulation growth...
Persistent link: https://www.econbiz.de/10012120548
Globally, the share of income going to labor (the “labor income share”) is declining. However, this aggregate decline hides more than it reveals. While the labor income share has decreased for low-skilled workers, this has been concurrent with an increase for high-skilled workers....
Persistent link: https://www.econbiz.de/10012269621
The level of compliance with minimum wage laws often depends on factors specific to each labor market. In most developing countries, a substantial share of workers still earns less than the legal minimum. Enforcement has not kept up with growth in regulations to protect workers from low wages...
Persistent link: https://www.econbiz.de/10010890000
Government schemes that compensate workers for the loss of income while they are on short hours (known as short-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched to output requirements. Because the employers do not lay...
Persistent link: https://www.econbiz.de/10011404834
To hire new workers, employers use a variety of recruiting methods in addition to posting a vacancy announcement. The intensity with which employers use these alternative methods can vary widely with a firm’s performance and with the business cycle. In fact, persistently low recruiting...
Persistent link: https://www.econbiz.de/10011404844
Long-term unemployment can lead to skill attrition and have detrimental effects on future employment prospects …, particularly following periods of economic crises when employment growth is slow and cannot accommodate high levels of unemployment …-effective and efficient means of reducing unemployment, during both periods of economic stability and recovery. …
Persistent link: https://www.econbiz.de/10011404998
Current cohorts of young adults entered adulthood during an international labor and housing market crisis of a severity not experienced since the Great Depression. Concerns have arisen over the impacts on young adults’ employment, income, wealth, and living arrangements, and about whether...
Persistent link: https://www.econbiz.de/10011573632
Temporary work agencies use training as a recruitment and retention argument when qualified labor is scarce. However, short job assignments present a major obstacle for employers and employees to increase investment in training. As temporary agency workers are mainly low-qualified and often...
Persistent link: https://www.econbiz.de/10011573641