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We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within...
Persistent link: https://www.econbiz.de/10012211549
We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within...
Persistent link: https://www.econbiz.de/10012207117
in unemployment over the course of the Great Recession, while countries with relatively rigid institutions and strict …; evidence suggests that flexible labor markets keep unemployment lower in the long run. …
Persistent link: https://www.econbiz.de/10009221517
Long-term unemployment rose dramatically during the recent recession and remains elevated. A primary cause may be the … rate of unemployment has increased, and that additional monetary stimulus may have only a limited effect on reducing … unemployment. …
Persistent link: https://www.econbiz.de/10009321118
Expansions are usually associated with plentiful vacancies and a low number of unemployed workers. During recessions … the unemployment pool swells while employers seek to fill fewer job openings. …
Persistent link: https://www.econbiz.de/10008636113
exhibited important departures from that seen in prior deep recessions. …
Persistent link: https://www.econbiz.de/10008489225
Women fared decidedly better than men during the most recent recession. By August 2009, the unemployment rate for men … had hit 11.0 percent, while that for women held at 8.3 percent. This 2.7 percentage point unemployment gender gap …
Persistent link: https://www.econbiz.de/10008504185
We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within...
Persistent link: https://www.econbiz.de/10012207864
We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within...
Persistent link: https://www.econbiz.de/10012214176
Persistent link: https://www.econbiz.de/10012231286