persons. However, stigma related to unemployment or inactivity can hinder their hiring chances when applying for a job. This …-term unemployment of up to six months positively affects hiring prospects, while the adverse effects of unemployment scarring become … negative impact of longer spells. The latter negative signal is more pronounced when unemployment rates are low. …

This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …

The COVID-19 pandemic has upended the U.S. economy and labor market. We assess the initial spike in unemployment due to … the virus response and possible paths for the official unemployment rate through 2021. Substantial uncertainty surrounds … the path for measured unemployment, depending on the path of the virus and containment measures and their impact on …

This paper studies the relationship between labor market institutions and policies and labor market performance using a … econometric analysis implies that institutions matter for labor market outcomes, and that deregulation of labor markets improves … their performance. The analysis also suggests several significant interactions between different institutions, which are in …

the 2018-2021 period. The analysis focuses on the divergences in out-of-unemployment transitions and medium … detachment, prolonged periods of unemployment or a diminished success rate in reemployment. However, certain socio …

Survey (LFS) to construct worker transition rates across employment, unemployment, and inactivity. Our approach involves … of job search from inactivity compared to unemployment. This factor provides enough structure to prevent arbitrary … splitting of unemployment outflows between employment and inactivity. In turn, the estimated job search factor can be used in a …

document how worker flows between employment, unemployment, and out of the labor force vary by gender and age and contribute to …

The informational value of the aggregate US unemployment rate has recently been questioned because of a unit root in … the labor-force participation rate; the lack of mean reversion implies that long-run changes in unemployment rates are … highly unlikely to reflect long-run changes in joblessness. This paper shows that this critique also extends to unemployment …

decreasing in the substitutability of worker types. This cost of search is then decomposed into three components: unemployment … workers being more choosy. The resulting equilibrium is not efficient. Unemployment benefits can reduce the loss by serving as …