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The paper describes revisions to the trend employment component of the production function underpinning long-term economic scenarios. Starting with historical age and sex-specific employment rates, a novel approach is developed to correct for cyclical effects using the country-level employment...
Persistent link: https://www.econbiz.de/10011700324
relationship between the unemployment and the job vacancy rate. Using detailed administrative data on vacancies and registered … because mismatch increased substantially. Looking on the regional and skill dimension of mismatch unemployment, we find a … substantial increase of mismatch unemployment for manual routine tasks as well as for the region of Vienna. …
Persistent link: https://www.econbiz.de/10012593515
This paper documents joblessness in OECD countries, provides a detailed diagnosis of structural employment barriers in Belgium, Korea and Norway by applying the OECD Faces of Joblessness methodology to the situation just before the COVID-19 crisis and discusses the policy implications. It shows...
Persistent link: https://www.econbiz.de/10012312286
Regional inequality in Slovakia is among the highest in the OECD and is increasing. The main reason for regional disparity is the combination of low economic growth and job creation in the eastern and central part of the country and insufficient labour mobility to the west, in particular by...
Persistent link: https://www.econbiz.de/10011399343
institutions. …
Persistent link: https://www.econbiz.de/10011579739
youth unemployment are persistent and especially affect the lower-skilled. Skill and occupational mismatches of vocational … time, the labour market has been responding faster to output shocks and output growth consistent with constant unemployment …-term unemployment. …
Persistent link: https://www.econbiz.de/10011399349
contribution of each age group to total unemployment-rate differentials is also computed. An estimate of the sensitivity of age …-specific unemployment rates to the economic cycle is provided for OECD countries. France is one of the OECD countries having the highest …’s total unemployment rate differential with best-performing countries. Youth unemployment rate is especially sensitive to …
Persistent link: https://www.econbiz.de/10009711213
Unemployment insurance is a key tool for risk sharing and redistribution and also a prominent automatic stabiliser. It … of vulnerability of the unemployment insurance schemes of OECD and BRIICS countries. Policies that boost both financial …
Persistent link: https://www.econbiz.de/10010375309
Poor labour-market outcomes remain one of Poland’s major structural weaknesses, impeding firms’ competitiveness and the nation’s potential output. Boosting employment prospects is also critical, as the country will soon be ageing at a fast pace. Despite long working hours, labour...
Persistent link: https://www.econbiz.de/10010375396
The various deficiencies of the labour market and the educational system have resulted in high unemployment, low labour … force participation, low skills levels and high skill mismatch. Job creation is key to tackling the high unemployment rates … a priority. Business involvement in education and training institutions at all educational levels will be paramount to …
Persistent link: https://www.econbiz.de/10011700553