labour rather than worker characteristics is the main reason for pervasive underemployment. Integration into the global …

persisting increases in unemployment. This paper analyses the impacts of the crisis on euro area labour markets, paying … accelerate the adjustment capacity of euro area labour markets and help reduce the current high levels of structural unemployment. …

regulatory conditions on immigrant-native gaps across four outcomes; unemployment, monthly earnings, underemployment, and … unemployment and underemployment. A higher union density appears to suppress wage differences across some immigrant groups, rather …

unemployment rate to measure its success, however, is misplaced. In a developing country with a large informal sector and in the … absence of unemployment insurance, open unemployment is primarily a middle-class phenomenon: the unemployed are not …

form of involuntary part-time employment and headline unemployment rate. Both indicators have contributed positively to … cumulative core inflation since 2015 but headline unemployment rate much less so. The contribution of trend productivity growth … post-crisis period-has corresponded with slow pass through from declining unemployment rates to faster wage growth. We …

employment. First, estimates of Okun's Law indicate that the response of Philippine unemployment and visible underemployment to … constant unemployment rate, through the notion of Harrod's natural growth rate and Okun's Law. Kalman filter estimation allows … output growth is very small. However, the response of total underemployment is positive and significant. Second, productivity …

As a bottom-up approach, a Job Guarantee policy can tackle the issue of unemployment on the macroeconomic …

economy permanently operates below capacity due to both structural unemployment and underemployment. The latter is a direct … explain movements of unemployment and underemployment in opposite directions. Finally, we show that uctuations in the total … employment gap under stagnation are primarily driven by uctuations in underemployment instead of structural unemployment. Our …