public sector units in 1991. Since then, per capita output has increased significantly, while the overall unemployment rate … unemployment remains stubbornly high, an overwhelming proportion of the labor force continues to work in the informal sector, and …

employment and unemployment. However, it can be seriously misleading to ignore the interrelated behavior of hours worked … unemployment outcomes. The hours–employment distinction is especially important in the evaluation of the performances of European ….Work hours can be altered relatively speedily and flexibly, and this strongly relates to employment, labor productivity, and …

The responses of working hours and employment levels to temporary negative demand shocks like those caused by the Great …' desired rises in working hours in times of recession also serve to modify the standard measure of unemployment. During Covid … useful comparison with the provision of improved unemployment insurance to unemployed workers at that time. …

labor force participation rate, reversing a nearly 50-year trend; the full recovery of unemployment from the depths of the …

and unemployment showed little sensitivity. Workers have paid the price for this rather stable employment situation in the … underwent substantial structural changes. Major shocks were absorbed largely via wage adjustments, while aggregate employment …

labor force participation rate, reversing a nearly 50-year trend; the nearly full recovery of unemployment from the depths …