Bergin, Adele; Kelly, Elish; Redmond, Paul - In: IZA World of Labor (2020)
Ireland was hit particularly hard by the global financial crisis, with severe impacts on the labor market. Between 2007 … and 2013, the unemployment rate increased dramatically, from 5% to 15.5%, and the labor force participation rate declined … economy, helping to moderate impacts on unemployment via a reduction in overall labor supply. As the crisis deepened, long …