The paper examines why the pandemic recession hit the labour market in Slovakia differently from previous recessions. Traditionally, the unemployment rose sharply during previous economic recessions. Therefore, it seemed like a novelty when the unemployment rate rose only insignificantly in a...

We explore future job creation needs under conditions of demographic, economic, and technological change. First, we estimate the implications for job creation in 2020-2030 of population growth, changes in labor force participation, and the achievement of plausible target unemployment rates,...

The EU’s largest economy, Germany, has managed to find an effective and unique combination of flexibility and rigidity in its labor market. Institutions that typically characterize rigid labor markets are effectively balanced by flexibility instruments. Important developments since 2000...