with the 1980s recession it is concluded that there is a high cross-country correlation of the unemployment rates over the … two recessions indicating that some labor markets are more vulnerable to fluctuations in economic growth than others …. Young workers are the most affected by the Great Recession both in terms of unemployment rates as well as employment rates …

EWE is a consequence of one of the most important labor institutions: the unemployment benefit (UB). We develop a model …

Equilibrium labor market theory suggests that unemployment benefit extensions affect unemployment by impacting both job … vacancy creation and employment and a rise in unemployment …

-19 pandemic, overall labour market conditions were relatively stable, with mismatched unemployment returning to pre …

distinguishing job-to-job, job-to-unemployment, and other transitions. We find that job-to-job transitions are pro-cyclical, while … unemployment transitions are counter-cyclical. Individuals most affected by the economic crisis tend to be young males, living in … regions with high unemployment rates, with low qualifications and working in manual occupations (particularly construction …

Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in … asymmetric pattern in the evolution of unemployment, whereas linear models with Gaussian innovations preclude such dynamics. This … paper applies several tests for asymmetry to aggregate British, German and US unemployment data to assess the relevance of …