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During the recent recession, workers were eligible for UI benefits only if they were laid off in most states. At the start of the recent recession only 17 states offered short-time compensation (STC) - pro-rated unemployment benefits for workers whose hours are temporarily reduced for economic...
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I use the method introduced by Gottschalk and Hansen (2003) to analyze the rate of overeducation among workers with exactly a college degree between 2006 and 2013. To my knowledge, this is the first study to use this method to analyze trends in overeducation during the great recession in the...
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During the recent recession only 17 states offered short-time compensation (STC) - pro-rated unemployment benefits for workers whose hours are reduced for economic reasons. New federal legislation will encourage the expansion of STC. Exploiting cross-state variation in STC, we present new...
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Germany and the United States pursued different economic strategies to minimise the impact of the Coronavirus Crisis on the labour market. Germany focused on safeguarding existing jobs through the use of internal flexibility measures, especially short-time work (STW). The United States relied on...
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The recession the United States economy entered in December of 2007 is considered to be the most severe downturn the country has experienced since the Great Depression. The unemployment rate reached as high as 10.1 percent in October 2009 - the highest we have seen since the 1982 recession. In...
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