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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 …
Persistent link: https://www.econbiz.de/10011404827
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
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 …
Persistent link: https://www.econbiz.de/10011404836
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
Temporary agency work has expanded in most advanced economies since the 1990s, but its growth has been controversial. Some argue that these jobs offer experience and contact with potential employers, serving as a path to regular employment, particularly for low-skilled workers. Others view them...
Persistent link: https://www.econbiz.de/10011404849
The youth population bulge is often mentioned in discussions of youth unemployment and unrest in developing countries … unemployment is mixed. It should not be assumed that declines in the relative size of the youth population will translate into … falling youth unemployment in coming decades without further policy measures to improve the youth labor market. …
Persistent link: https://www.econbiz.de/10011404862
Unemployment benefits often reduce incentives to search for a job. Policymakers have responded to this behaviour by … setting minimum job search requirements, by monitoring to check that unemployment benefit recipients are engaged in the … search monitoring and benefit sanctions reduce unemployment duration and increase job entry in the short term. There is some …
Persistent link: https://www.econbiz.de/10011404867
necessarily increasing general unemployment. However, recent evidence from transition and emerging economies shows that employment … protection legislation tends to raise unemployment among disadvantaged groups, particularly youth, and may increase informal work …
Persistent link: https://www.econbiz.de/10011404883
Organisation for Economic Co-operation and Development countries spend, on average, an equivalent of 0.4% of their gross domestic product on active and passive labor market policies. This is a non-negligible sum, especially in times of strained government budgets. Meetings with case workers -...
Persistent link: https://www.econbiz.de/10011404900
Many studies document a large negative effect of unemployment on happiness. Recent research has looked into factors …, for helping the unemployed back into work, and for more evenly distributing the burden of unemployment resulting from …
Persistent link: https://www.econbiz.de/10011404919