rich individual-level data from the quarterly Labor Force Surveys. We find that the lockdown increases the unemployment …

historically focussed on reducing unemployment (the tip of the iceberg), the group of inactive people (below the waterline) is much … larger. Therefore, we point to the clear limitations of the unemployment rate as the (single) key macro-economic indicator of … the health of the labour market. A parsimonious dashboard approach utilising the unemployment-to-population ratio and the …

on the evolution of unemployment as well as inactivity across European countries. Indeed, previous crises have typically … lead not only to more unemployment but also to larger numbers of discouraged unemployed and thus more inactivity. It … experienced higher unemployment. In many other countries, unemployment and inactivity remained remarkably stable despite covid-19. …

quantitative effects of (i) aggregate productivity shocks on unemployment and (ii) unemployment benefits on unemployment. This … model, unemployment benefits affect households' behavior directly, without having to run via the bargained wage. A … effect of benefits on unemployment. Our analysis shows the importance of investigating the effects of policies on the …

-employment duration, unemployment duration, and re-employment wages in the case of job displacements due to firm closures. We use … unemployment, but not in terms of wages, compared to males. Policymakers may consider the importance of implementing diverse …

search, and at providing training to unemployed people. Next, we compare the effects of these policies with unemployment … benefits simply meant to sustain income and therefore aggregate demand. Considering the burden of unemployment benefits in … ALMPs in reducing unemployment and workers' skills deterioration; and (iv) demand-management policies are better suited to …