well-being. Importantly, we find that the risk of unemployment has a detrimental effect on the well-being of employed …. Policymakers should therefore focus not only on reducing the level of unemployment, but also on speeding up unemployment turnover … at a given level of unemployment. Unemployment insurance also mitigates the adverse effect of unemployment risk, and …

Job creation has lowered unemployment, but the Belgian labour market still faces many challenges. Employment rates … combination of income support and incentives could be achieved through reforming both unemployment and in-work benefits. Reforming …