economy permanently operates below capacity due to both structural unemployment and underemployment. The latter is a direct … explain movements of unemployment and underemployment in opposite directions. Finally, we show that fluctuations in the total … employment gap under stagnation are primarily driven by fluctuations in underemployment instead of structural unemployment. Our …

In many developing economies rate of unemployment is increasing with skill accumulation and thereby leading to … underemployment. Our paper offers to look at skill formation as a demand side problem not as a traditional supply side problem and … also how skill formation or education affects unemployment among the remaining uneducated. We have developed a general …

implied by new unemployment claims: we estimate 20 million lost jobs by April 8th, far more than jobs lost over the entire … rise in the unemployment rate over the corresponding period to be surprisingly small, only about 2 percentage points. Third …

U3, the official unemployment rate, is an inadequate gauge of labor-market slack and the extent to which it misinforms … varies substantially over the business cycle. The U6 unemployment rate is usually about 4 percentage points above U3. However …

restructuring of the Federal Employment Agency in Germany (Hartz III labor market reform) for aggregate matching and unemployment … Employment Agency did not contribute to the decline in unemployment in Germany. By contrast, improved activation of unemployed …

We estimate impacts of male job loss, female job loss, and male unemployment benefits on domestic violence in Brazil … pervasive increases in domestic violence. Exploiting a discontinuity in unemployment insurance eligibility, we find that … and an increase in exposure of victims to perpetrators, with unemployment benefits partially offsetting the income shock …