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 …

employment, informal employment, unemployment, and nonparticipation. We compute the contribution of each transition rate to … fluctuations in unemployment and informality rates. We identify five stylized facts: (i) Nearly 40% of the fluctuations in the … unemployment rate involves unemployment ins and outs from/to informal jobs. (ii) More than 40% of the fluctuations in informality …

temporary employment to unemployment, were the main factor behind rising unemployment. Reduced unemployment outflows did not … contribute substantially to the increase in unemployment during the early phase of the crisis. …

Although the unemployment rate is traditionally used to diagnose the current state of the labor market, this indicator … unemployment GAP. This indicator is useful for policy analysis as it is useful to forecast headline inflation, it also complements …