Maré, David C. - In: IZA World of Labor (2022)
financial crisis (GFC) employment took four years to recover, while unemployment took more than a decade to return to pre …-crisis levels. M¯aori, Pasifika, and young workers were worst affected. The Covid-19 pandemic saw employment decline and … unemployment rise but this was reversed within a few quarters. However, the long-term impact of the pandemic remains uncertain. …