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 …

Many countries suffer from persistently high unemployment rates. The scope for labour market reforms is often limited …

unemployment benefits reduce unemployment? Using a recent labour market reform in Germany as background, we find that an enhanced … effectiveness of the PEA explains about 20% of the observed post-reform unemployment decline. The role of unemployment benefit … the PEA could have had an even higher impact on unemployment reduction if there had been less focus on long …

analyze transitions of workers between unemployment, regular employment and employment accompanied by welfare receipt. Working …

unemployment down to the minimum feasible rate which in the U.S. is most likely around 1.2%,--the rate which prevailed in 1944 and …

This paper reviews the Italian unemployment experience, analyzing in particular the time-series behavior of … unemployment rates along the path that brought Italy into Europe s Economic and Monetary Union, and their disaggregated structure … across geographical and demographic dimensions. High aggregate unemployment is a reflection of highly concentrated …

) have been used as a means to fight high unemployment. This paper surveys the empirical studies of the effects of ALMPs in … Sweden. On the whole, ALMPs have probably reduced open unemployment, but also reduced regular employment. The overall policy …

increase the unemployment rate. We then discuss a number of policy responses (tax cuts, direct government employment of the … unskilled, employment subsidies to firms for hiring the unskilled, increased generosity of unemployment insurance) under …