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Greece’s labour market entered the COVID-19 shock following several years of sustained employment growth and with wages picking up. Unemployment remained high and employment rates were low, especially among women, the young and older workers. The shock led to a sharp fall in labour force...
Persistent link: https://www.econbiz.de/10012304424
Raising South Africa’s low employment rate to levels seen in emerging market or advanced economy peers could raise GDP per capita by 50 to 60 percent and reduce income inequality dramatically in the long term. By putting further strain on an already fragile labor market, Covid-19 has raised...
Persistent link: https://www.econbiz.de/10013306792
Japanese working cultures have for many decades been dominated by the so-called system of lifetime employment in large organizations. Although the proportion of the working population employed under this system is often in dispute,1 it dominates the employment horizon. Moreover, the system...
Persistent link: https://www.econbiz.de/10014041984
This paper analyses the labour market dynamics in Indonesia from 2001 to 2015 and explores the role of the changing nature of occupational employment in explaining the rising earnings inequality during the same period. First, we find evidence of a disproportionate increase in the returns to...
Persistent link: https://www.econbiz.de/10012513129
This paper uses individual data on employment and wages to shed light on the UK's productivity puzzle. It finds that workforce composition cannot explain the reduction in wages and hence productivity that we observe; instead, real wages have fallen significantly within jobs. Why? One possibility...
Persistent link: https://www.econbiz.de/10009752196
The report explores the main impact of the crisis on the Bulgarian labor market whereby the key points are focused on the relation between changes in employment and educational structure of the labor force in Bulgaria, which took place under the influence of the crisis, and the trends of their...
Persistent link: https://www.econbiz.de/10011534117
We estimate the elasticity of private-sector employment to non-oil GDP in the Gulf Cooperation Council (GCC) for GCC nationals and expatriates using a Seemingly Unrelated Error Correction (SUREC) model. Our results indicate that the employment response is lower for nationals, who have an...
Persistent link: https://www.econbiz.de/10013015593
Every year millions of young adults join the labor market in Africa. This paper uses the Jobs of the World Database to compare their job prospects to those of their counterparts in other low-income regions. We show that employment rates are similar at similar levels of development but young...
Persistent link: https://www.econbiz.de/10012803752
This paper analyses the difference in short-term employment recovery between young men and women in India, Peru and Vietnam following the national lockdowns imposed in all three countries during 2020. We employ a mediation model to establish whether - and to what extent - commonly suggested...
Persistent link: https://www.econbiz.de/10012697798
This paper analyses the difference in short-term employment recovery between young men and women in India, Peru and Vietnam following the national lockdowns imposed in all three countries during 2020. We employ a mediation model to establish whether - and to what extent commonly suggested...
Persistent link: https://www.econbiz.de/10014084024