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Unemployment and under-employment represented $25.8 billion in annual wages not earned in Los Angeles County, $28 … where one or more breadwinners are under-employed. Unemployment and under-employment rates in LA peaked at the end of 2010 …
Persistent link: https://www.econbiz.de/10012993406
dissatisfied with their job, the unemployed's well-being is statistically significantly higher. Thus, it appears that unemployment … effects as males and particularly married males suffer more from unemployment. Also, a quarter of the unemployed report that … they feel social pressure due to unemployment. These findings suggest that social approval plays some role in the impact of …
Persistent link: https://www.econbiz.de/10014311302
This study examines whether the distribution of aggregate unemployment by duration affects individual well-being. Two … distribution of aggregate unemployment by duration on individual well-being. We find significant evidence in favor of both the … remain unemployed for a longer time. At some point, however, both the employed and unemployed adapt to unemployment at the …
Persistent link: https://www.econbiz.de/10003886329
This paper proposes a protocol for considering the social cost of unemployment by taking into account three different … aspects: incidence, severity and hysteresis. Incidence refers to the conventional unemployment rate; severity takes in both … unemployment duration and the associated income loss; and hysteresis refers to the probability of remaining unemployed. The social …
Persistent link: https://www.econbiz.de/10012909971
This report uses estimates from the Congressional Budget Office to project an unemployment scenario for the Pandemic … Recession. We go on to use detailed unemployment and homeless data from the 2008 Great Recession to estimate the linkage between … unemployment and homelessness and forecast the amount and type of pandemic-driven homelessness in Los Angeles, California and the …
Persistent link: https://www.econbiz.de/10013251035
Since the labor market reforms around 2005, known as the Hartz reforms, Germany has experienced declining unemployment … unemployment rate. Also unemployed persons who exogenously lost their jobs are affected by the reforms. In line with the structure …
Persistent link: https://www.econbiz.de/10012285201
This paper proposes a protocol for considering the social cost of unemployment by taking into account three different … aspects: incidence, severity and hysteresis. Incidence refers to the conventional unemployment rate; severity takes in both … unemployment duration and the associated income loss; and hysteresis refers to the probability of remaining unemployed. The social …
Persistent link: https://www.econbiz.de/10011916275
This paper adds two-sided ex-ante heterogeneity and a production technology inducing sorting to the canonical Diamond-Mortensen-Pissarides (DMP) search and matching model. Ex-ante heterogeneity and sorting have important implications for the dynamic properties of the model. The modifications...
Persistent link: https://www.econbiz.de/10011280707
Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections … European and US unemployment differ so much when labor markets have become more similar at the margin in Europe and the US. To …
Persistent link: https://www.econbiz.de/10011336864
unemployment rate and the actual unemployment rate in the country, which is a meaningful indicator of their misperception of labor … model includes: controls for the worker's ability; country-specific fixed effects; the unemployment rate in the region of … residence, which might be the benchmark respondents have in mind when reporting their perception of the national unemployment …
Persistent link: https://www.econbiz.de/10010528571