over wage negotiations and working conditions. Currently, Austria's GDP per capita is high, but unemployment, although …Austria is an interesting economy due to its strong industrial relations with institutionalized collective bargaining …

employment levels during recessions. However, they can create inefficiency in the labor market, and might limit labor market …

Measuring employment and unemployment is essential for economic policy. Internationally agreed measures (e.g. headcount … employment and unemployment rates based on standard definitions) enhance comparability across time and space, but changes in real …

employment levels during recessions. However, they can create inefficiency in the labor market, and might limit labor market …

The economic crisis in the early 1990s brought about a dramatic increase in unemployment and a similar decrease in … labor force participation. Unemployment declined afterwards, but stabilized at around 6–7%—more than twice as high as before … the crisis. Today, the unemployment rate is lower than the EU average, though Sweden no longer stands out in this respect …

) aided the adjustment. The Covid-19 downturn resulted in an unprecedented decline in employment, and a steep rise in … unemployment and non-participation. Despite the severity of the Covid-19 shock, by December 2021 most key measures of labor market …

employment levels during recessions. However, they can create inefficiency in the labor market, and might limit labor market …

Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …

All developed economies have unemployment benefit programs to protect workers against major income losses during spells … of unemployment. By enabling unemployed workers to meet basic consumption needs, the programs protect workers from having … recessions. If benefits are too generous, however, the programs can lengthen unemployment and raise the unemployment rate. The …