employment, informal employment, unemployment, and nonparticipation. We compute the contribution of each transition rate to … fluctuations in unemployment and informality rates. We identify five stylized facts: (i) Nearly 40% of the fluctuations in the … unemployment rate involves unemployment ins and outs from/to informal jobs. (ii) More than 40% of the fluctuations in informality …

This paper discusses various concepts of unemployment rate benchmarks that are frequently used by policymakers for … particular, we propose two broad categories of unemployment rate benchmarks: (1) a longer-run unemployment rate expected to … prevail after adjusting to business cycle shocks and (2) a stable-price unemployment rate tied to inflationary pressures. We …

in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …

over wage negotiations and working conditions. Currently, Austria’s GDP per capita is high, but unemployment, although …Austria is an interesting economy due to its strong industrial relations with institutionalized collective bargaining …

pandemic in Austria, relying on the register-based labour market career dataset from the Austrian Micro Data Center (AMDC) for … the 2018-2021 period. The analysis focuses on the divergences in out-of-unemployment transitions and medium … detachment, prolonged periods of unemployment or a diminished success rate in reemployment. However, certain socio …