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Switzerland has a well-functioning labour market with low unemployment, a highly skilled workforce and well-paid jobs. It has proved resilient during the COVID-19 crisis, helped by extensive government support to employment and incomes. As activity recovers, the authorities face the challenge of...
Persistent link: https://www.econbiz.de/10013278629
Rapid economic growth over the past two decades has substantially increased employment in Luxembourg, which has largely been met by in–flows of cross–border workers and, to a lesser extent, immigration. Unemployment has remained low compared to other European countries. These significant...
Persistent link: https://www.econbiz.de/10012446156
The financial crisis has resulted in a substantial increase in unemployment in the OECD. This paper shows that this increase has reversed the reduction in structural unemployment which has been estimated to have occurred in most OECD countries since the late 1990s. Structural unemployment is...
Persistent link: https://www.econbiz.de/10009394361
Rapid economic growth over the past two decades has substantially increased employment in Luxembourg, which has largely been met by in–flows of cross–border workers and, to a lesser extent, immigration. Unemployment has remained low compared to other European countries. These significant...
Persistent link: https://www.econbiz.de/10008527409
After steady employment growth since the 1990s, Spain has experienced the sharpest increase in unemployment among OECD countries during the crisis, amplified by structural problems of the labour market. Very high de facto severance payment of permanent contracts has resulted in a rigid dual...
Persistent link: https://www.econbiz.de/10008854032
COVID-19 related travel restrictions, including complete border closures, have been one of the first containment measures to be implemented by many countries and have been continuously adjusted according to the epidemiological situation in departure and destination countries. Despite some easing...
Persistent link: https://www.econbiz.de/10012630191
What policy reforms are most urgently needed to remove obstacles to output and employment growth in service sectors and to enhance economies’ ability to adjust to structural change as a result of changing trade patterns? This paper reviews the impact of the structural policy framework...
Persistent link: https://www.econbiz.de/10012444475
Les pénuries de compétences ont progressé dans certains secteurs et régions au cours des dernières années. L’avantage salarial s’accroît dans certaines professions, notamment la santé, l’ingénierie et les métiers spécialisés. Et les taux de postes vacants augmentent également...
Persistent link: https://www.econbiz.de/10012454355
Although job creation has improved, since the end of the 2007-08 recession, the effects of the recession on the labour market remain severe. Unemployment duration is still extremely high, and many have withdrawn from the labour market altogether. Because the weakness is largely cyclical in...
Persistent link: https://www.econbiz.de/10011276810
Impressive productivity performance during the last decades has weakened since 2007, reflecting the 2008-09 recession but also a poor performance in important sectors, like the information and communication technology sector. Reforms to raise long term productivity growth need to be pursued....
Persistent link: https://www.econbiz.de/10011276818