This paper deals with long-term unemployment from the perspective of recent contributions to the topic. We present recent empirical facts and results from the labor economics literature with a focus on Germany as well as new arguments from the macro literature. We also evaluate potential...

I analyze empirically the effects of both urban and industrial agglomeration on men's and women's search behavior and on the efficiency of matching. The analysis is based on the Italian Labor Force Survey micro-data, which covers 520 randomly drawn Local Labor Market Areas (66 per cent of the...

This article analyzes what is behind the recent unprecedented rise in long-term unemployment and explains what this rise might imply for the economy going forward. In particular, the authors attribute the sharp increase in unemployment duration in 2009 to especially weak labor demand and, to a...

We suggest the use of an index of Internet job-search intensity (the Google Index, GI) as the best leading indicator to predict the US monthly unemployment rate. We perform a deep out-of-sample forecasting comparison analyzing many models that adopt our preferred leading indicator (GI), the more...

Subjective well-being is primarily treated as an outcome variable in the economic literature. However, is happiness also a driver of behavior and life's outcomes? Rich survey data of recent entrants into unemployment in Germany show that a significant inverted U-shaped relationship exists...

The widespread availability of internet search data is a new source of high-frequency information that can potentially improve the precision of macroeconomic forecasting, especially in areas with data constraints. This paper investigates whether travel-related online search queries enhance...

In this article, I use the 2000-2004 data from the Greek Labour Force Survey in order to estimate a logit model for the incidence of long-term unemployment. The model computed is similar to the one estimated by Obben et al. (2002). It is found that attributes of the individual such as gender,...

The political, social, economic, legal, racial, academic, NGO, and the media environment in the Gauteng province, is highly regrettable. Its impregnable discourse, deliberately refuses to provide a lasting solution, to unemployment (here-after, referred to as designed unemployment). In the...

Making use of an international survey that directly assesses the participants' cognitive skills, I study the effect of skills on employment in 32 countries. On average, a one-standard-deviation increase in numeracy skills is associated with an 8.4 percentage-point increase in the probability of...

We use a novel approach to studying the heterogeneity in the job finding rates of the nonemployed by classifying the nonemployed by labor force status (LFS) histories, instead of using only one-month LFS. Job finding rates differ substantially across LFS histories: they are 25-30% among those...