The global crisis led to a smaller increase in the unemployment rate than in most other OECD countries as employment … permanent contracts while the higher unemployment mostly affected workers with weaker labour market attachment. A main challenge … international standards, hampering entry to the labour market for many low-skilled workers. Unemployment benefits are relatively …

Over the past several decades, the rate at which regular unemployment insurance recipients run out of benefits before … recipients exhausted their benefits; in 2007 (with a similar unemployment rate) 35.6 percent exhausted. This paper documents the … increase in the exhaustion rate, along with the parallel rise in long-term unemployment; examines the consequences; and reviews …

We empirically investigate how two-tier unemployment compensation schemes affect the profile of re-employment hazards …-employment hazard. Our results indicate that two-tier unemployment compensation schemes might create a long-term unemployment trap: If … employers rank applicants by their duration in unemployment, incentivizing all job seekers to exert higher search efforts may …