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historically focussed on reducing unemployment (the tip of the iceberg), the group of inactive people (below the waterline) is much … larger. Therefore, we point to the clear limitations of the unemployment rate as the (single) key macro-economic indicator of … the health of the labour market. A parsimonious dashboard approach utilising the unemployment-to-population ratio and the …
Persistent link: https://www.econbiz.de/10012254253
policy-oriented studies have dealt with the evolution of unemployment in 2020, often country by country, this article focuses … on the evolution of unemployment as well as inactivity across European countries. Indeed, previous crises have typically … lead not only to more unemployment but also to larger numbers of discouraged unemployed and thus more inactivity. It …
Persistent link: https://www.econbiz.de/10012505164
policy-oriented studies have dealt with the evolution of unemployment in 2020, often country by country, this letter focuses … on the evolution of unemployment as well as inactivity across European countries. Indeed, previous crises have typically … lead not only to more unemployment but also to larger numbers of discouraged unemployed and thus more inactivity. It …
Persistent link: https://www.econbiz.de/10012507679
historically focussed on reducing unemployment (the tip of the iceberg), the group of inactive people (below the waterline) is much … larger. Therefore, we point to the clear limitations of the unemployment rate as the (single) key macro-economic indicator of … the health of the labour market. A parsimonious dashboard approach utilising the unemployment-to-population ratio and the …
Persistent link: https://www.econbiz.de/10012249694
the onset of the Great Recession, underemployment among older workers has been growing more rapidly than unemployment …
Persistent link: https://www.econbiz.de/10009786943
its successor Understanding Society. We find that the unemployment rate on leaving full-time education has large impacts …
Persistent link: https://www.econbiz.de/10009778459
Monetary Policy Committee (MPC) to both unemployment and underemployment, which in our view are invalid. Without any evidence … the MPC in its assessment of the output gap reduces the level of unemployment because of its claim that long …-term unemployment has no effect on wages. We produce contrary evidence. The MPC further reduces the level of underemployment in the …
Persistent link: https://www.econbiz.de/10013051159
This paper studies whether labor market mismatch played an important role for labor market dynamics during the COVID-19 pandemic. We apply the framework of S¸ahin et al. (2014) to the US and the UK to measure misallocation between job seekers and vacancies across sectors until the third quarter...
Persistent link: https://www.econbiz.de/10013295149
Comparing the unemployment insurance systems of the United States and of the United Kingdom it is shown that the US … unemployment insurance (UI) is the only system that provides for a negative feedback between UI expenditures and layoffs … ("experience rating"). The UK has no specific UI: Unemployment benefits are paid by the "National Insurance" which also covers …
Persistent link: https://www.econbiz.de/10011495405
This paper contributes to the debate on the revision of the Barcelona targets on childcare, as promoted by the European Commission in 2022, that aims to provide childcare for children below the age of 3. Using EUROLAB, a structural model of labour supply that can also accounts for labour demand...
Persistent link: https://www.econbiz.de/10013541979