Can governmental policies mitigate the effects of recessions on unemployment? We study whether the Swiss short …-time work (STW) program reduced unemployment in the 2009-2015 period using quarterly establishment-level panel data linking … several administrative data sources. We compare changes in permanent layoffs into unemployment, hiring from unemployment …

and helps to preserve jobs in the context of a recession by making employment and unemployment less elastic with respect …

in overeducation during the great recession in the U.S. I find that the proportion of workers with exactly a college … degree working in occupations offering low college premiums increased during great recession and fell afterwards. An increase …