Unemployment increased drastically over the course of the Great Recession from 4.5 percent prior to the recession to 10 … percent at its peak in October 2009. Since then, the unemployment rate has come down steadily, and it stood at 5.8 percent in … November 2014. Based on existing analyses and some new evidence, this paper establishes that much of the change in unemployment …

economic crisis that began in 2008. It starts from the observation that the decline in employment and rise in unemployment in … shows that, at least for the time being, unemployment increases have been contained in countries with comparatively strong …

properties of employment and unemployment equilibrium. Second, it applies the model to the study of employment fluctuations and … to the explanation of differences in unemployment rates in industrialized countries. The search and matching model is … unemployment and of jobs out of the market (the ‘job destruction’ flow). Steady-state equilibrium is at the point where the two …

the estimates of the impact of labour demand shocks on participation. For men, unemployment increased in response to …

the estimates of the impact of labour demand shocks on participation. For men, unemployment increased in response to …

The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions … between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend … unemployment rates is more sensitive to cyclical behavior for certain demographic groups, specifically unskilled and young workers …

The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions … between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend … unemployment rates is more sensitive to cyclical behavior for certain demographic groups, specifically unskilled and young workers …

fall in the probability to leave the labor force from unemployment during recessions. Both mechanisms are supported by …Although the size of the labor force is nearly acyclical, worker flows between employment and unemployment on the one … paper lays out a job-search model to uncover the determinants of worker flows between employment, unemployment and …