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The effects that the economic crisis triggered by COVID-19 is having on unemployment could hardly differ more than in … of the European Union (EU-27) managed to keep unemployment in check largely through heavy reliance on short-time work or … similar measures, the United States has been experiencing mass unemploy-ment reminiscent of the Great Depression of 1929 …
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This article analyses shifts in employment structures in a selection of eight EU countries (the Czech Republic, Germany, Spain, France, Ireland, Italy, Romania and Sweden), as well as employment dynamics at the aggregate EU level. This is done for four periods, separated by the financial crisis...
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We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … is linked to unemployment in country specific dynamic models. For Spain, the ADL-model estimation reveals a significant … impact of sectoral reallocation on unemployment that goes beyond usual business cycle patterns. In Italy, there is weaker yet …
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