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. Traditionally, the unemployment rose sharply during previous economic recessions. Therefore, it seemed like a novelty when the … unemployment rate rose only insignificantly in a pandemic recession. We find that both the demand and supply side of the labour … increase in unemployment during a recession, the rate of utilization of workers’ time capacities fell, with expected impacts …
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We analyze labor market flows and unemployment in the Czech Republic (CR), Slovakia and Poland over the period 2004 …-2007. Relative involvement of working-age population in gross labor market flows is approximately five times lower in central Europe … than in the U.S. /UK. Yet, compared to neighboring countries, the CR suffers more from unemployment rigidity, as evidenced …
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