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Raising South Africa's low employment rate to levels seen in emerging market or advanced economy peers could raise GDP per capita by 50 to 60 percent and reduce income inequality dramatically in the long term. By putting further strain on an already fragile labor market, Covid-19 has raised the...
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unemployment rates in the world, we find that the policy increased the probability of remaining employed in the short term by 15 …
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This paper studies the mechanisms driving the persistently high unemployment rate during the last recession and mild …, we propose a methodology to decompose changes in the unemployment rate into worker inflows and outflows across industry …
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