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Download or read book The Impacts of the Coronavirus Crisis on the Labour Market written by and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mr. Sakai Ando
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 96 pages
Book Rating : 4.4/5 (2 download)
Download or read book European Labor Markets and the COVID-19 Pandemic: Fallout and the Path Ahead written by Mr. Sakai Ando and published by International Monetary Fund. This book was released on 2022-03-03 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2020, the COVID-19 pandemic caused by far the largest shock to European economies since World War II. Yet, astonishingly, the EU unemployment rate had already declined to its pre-crisis level by 2021Q3, and in some countries the labor force participation rate is at a record high. This paper documents that the widespread use of job retention schemes has played an essential role in mitigating the pandemic’s impact on labor markets and thereby facilitating the restart of European economies after the initial lockdowns.
Author : Valentina Vasile
Publisher : Springer Nature
ISBN 13 : 3031477804
Total Pages : 332 pages
Book Rating : 4.0/5 (314 download)
Download or read book The Economic and Social Impact of the COVID-19 Pandemic written by Valentina Vasile and published by Springer Nature. This book was released on with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Cindy Russmann
Publisher : GRIN Verlag
ISBN 13 : 3346187896
Total Pages : 11 pages
Book Rating : 4.3/5 (461 download)
Download or read book Will Covid-19 have long-term impacts on the German labor market? written by Cindy Russmann and published by GRIN Verlag. This book was released on 2020-06-23 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2020 in the subject Economics - Macro-economics, general, grade: 1,7, University of Applied Sciences Stuttgart, language: English, abstract: In this essay I discuss and analyze the effects of the Coronavirus Disease 2019 on the German labor market based on a literature review. Due to the currency of this topic, there is still limited scientific literature and publishes studies. Therefore, I work only with a few selected sources. A year ago, nobody would have thought that we were in such an economic and private situation. Due to the Coronavirus the public life is largely paralyzed, production lines have come to a standstill and air traffic is restricted. At the beginning of the crisis, it was still assumed that the consequences would only affect China and the trade associated with it. But it quickly became clear, however, that the crisis affects the entire global community and that there is no economic counterweight to the countries affected. Unlike previous financial crises, the Corona crisis is spreading both - on supply and demand. Production processes are affected because employees are sick and absent. Suppliers can no longer deliver due to transport restrictions. As a result of closures in the service sector, there is neither sales nor income. In addition, the entire consumption worldwide collapsed, since the closures of retail or catering businesses simply eliminate the opportunities for this. This is an exceptional situation for any country, and we must try to deal with it properly. What are the economic consequences of such a lockdown and to what extent is it acceptable? How long will these impacts be felt and how quickly can a society recover from it?
Author : Carlo Pizzinelli
Publisher : International Monetary Fund
ISBN 13 : 1616359021
Total Pages : 48 pages
Book Rating : 4.6/5 (163 download)
Download or read book Has COVID-19 Induced Labor Market Mismatch? Evidence from the US and the UK written by Carlo Pizzinelli and published by International Monetary Fund. This book was released on 2022-01-19 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies whether labor market mismatch played an important role for labor market dynamics during the COVID-19 pandemic. We apply the framework of S ̧ahin et al. (2014) to the US and the UK to measure misallocation between job seekers and vacancies across sectors until the third quarter of 2021. We find that mismatch rose sharply at the onset of the pandemic but returned to previous levels within a few quarters. Consequently, the total loss in employment caused by the rise in mismatch was smaller during the COVID-19 pandemic than during the Global Financial Crisis. The results are robust to considering alternative definitions of job seekers and to using a measure of effective job seekers in each sector. Preliminary evidence suggests that increased inactivity among older workers, the so called She-cession (particularly in the US) and shifting worker preferences amid strong labor demand are more prominent explanations for the persistent employment shortfall vis-à-vis pre-COVID levels.
Author : Rajib Bhattacharyya
Publisher : Springer Nature
ISBN 13 : 9819944058
Total Pages : 356 pages
Book Rating : 4.8/5 (199 download)
Download or read book COVID-19 Pandemic and Global Inequality written by Rajib Bhattacharyya and published by Springer Nature. This book was released on 2023-11-11 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book intends to capture the most critical issue that has cropped up as an aftermath of the Corona pandemic- the phenomenon of widening of global inequalities across nations depending upon their economic position, support policies of the government and international relationship particularly in the context of alarming growth of unemployed in the labour market, business activity and social sector. This book is expected to provide new areas of research to both academicians and policy makers to re-think about global cooperation for bridging the inequalities for a better world. It tries to incorporate the valuable contribution of experts from various fields of knowledge in a consolidated volume. This text will be revised once the chapters are finalized and put together in structured themes. The table of content lists some of the chapters that have been confirmed, but there are more that are being invited by the editors.
Author : Joana Silva
Publisher : World Bank Publications
ISBN 13 : 1464816913
Total Pages : 327 pages
Book Rating : 4.4/5 (648 download)
Download or read book Employment in Crisis written by Joana Silva and published by World Bank Publications. This book was released on 2021-10-08 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: A region known for its volatility, Latin America and the Caribbean (LAC) has suffered severe economic and social setbacks from crises—including the COVID-19 pandemic. These crises have taken their toll on careers, wage growth, and productivity. Employment in Crisis: The Path to Better Jobs in a Post-COVID-19 Latin America provides new evidence on the effects of crises on the region’s workers and firms and suggests several policy responses that can bolster long-term and inclusive economic growth. This report has three key findings. First, crises lead to persistent employment losses and accelerate structural changes away from the formal sector. This change occurs more through reductions in the creation of formal jobs than through job destruction. Second, some workers recover from crises, while others are permanently scarred by them. Low-skilled workers can suffer up to a decade of lower earnings caused by crises, while high-skilled workers rebound fast, exacerbating the LAC region’s high level of inequality. Formal workers suffer smaller employment and wage losses in localities with higher rates of informality. And the reduced job flows caused by crises decrease welfare, but workers in localities with more job opportunities, whether formal or informal, bounce back better. Third, crises’ cleansing effects can increase efficiency and productivity, but these effects are dampened by the LAC region’s less competitive market structure. Rather than becoming more agile and productive during economic downturns, protected sectors and firms gain market share and crowd out others, trapping valuable resources. This report proposes a three-pronged mix of policies to improve the LAC region’s responses to crises: •Create a more stable macroeconomic environment to smooth the impacts of crises, including automatic stabilizers such as unemployment insurance and short-term compensation programs; •Increase the capacity of social protection and labor programs to respond to crises and coalesce these programs into systems that complement income support with reemployment assistance and reskilling opportunities; and •Tackle structural issues, including the lack of product market competition and the spatial dimension behind poor labor market adjustment—a “good jobs and good firms†? agenda.
Author : Martha Chen
Publisher : Oxford University Press
ISBN 13 : 0198887086
Total Pages : 301 pages
Book Rating : 4.1/5 (988 download)
Download or read book COVID-19 and the Informal Economy written by Martha Chen and published by Oxford University Press. This book was released on 2024-05-07 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. A key challenge for the post-COVID global economy is whether the disproportionate impact of the crisis on informal workers, who form the majority of the world's workforce, will be acknowledged. Or whether harmful and negative stereotypes will persist. Today, despite the role of these essential frontline workers - producing, processing, selling, cooking and delivering food, providing cleaning, childcare, eldercare, healthcare, transport, waste removal, and other essential services - many observers consider the informal economy to be non-compliant (resisting registration and taxation) and associate it with low productivity (a drag on the economy) or with crime (illegal activities) and grime (blight on modern cities). Yet, most informal workers are working poor trying to earn an honest living in often hostile environments. Most suffered severe declines in work and earnings during successive waves of the COVID pandemic, and related restrictions and recessions, and have gone deeper into debt and depleted their savings and assets in order to survive. This book explores and informs answers to that key challenge. It presents findings on the impact of the COVID crisis on informal workers in Asia, Africa, and North and Latin America. The chapters of the volume analyse the impact of the COVID crisis on informal workers, interrogate whether and which economic recovery plans and schemes include informal workers, and explore what a more inclusive economic recovery and reforms might look like.
Author : Ana Lariau
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.4/5 (2 download)
Download or read book Inequality in the Spanish Labor Market During the COVID-19 Crisis written by Ana Lariau and published by International Monetary Fund. This book was released on 2022-01-28 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze the differential impact of the COVID-19 crisis on the Spanish labor market across population groups, as well as its implications for income inequality. The main finding is that young, less educated, and low skilled workers, as well as women are the most affected by the COVID-19 shock in terms of job loss rates. The differential impacts were especially acute at the height of the pandemic in 2020 and remain robust after taking into account the heterogeneity of sector characteristics. Given that these vulnerable groups were positioned in the lower end of the income distribution before the crisis, we hypothesize that income inequality likely has increased due to the pandemic. Policies aiming at reducing inequality in the labor market need to go beyond measures that target the hardest-hit sectors and support the vulnerable groups more directly.
Author : Axel Börsch-Supan
Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 311113590X
Total Pages : 360 pages
Book Rating : 4.1/5 (111 download)
Download or read book Social, Health, and Economic Impacts of the COVID-19 Pandemic and the Epidemiological Control Measures written by Axel Börsch-Supan and published by Walter de Gruyter GmbH & Co KG. This book was released on 2023-10-23 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic posed a major threat to the well-being of older Europeans. Its economic and social effects, however, varied across countries. This multidisciplinary book presents the first results of analyses that combined the renowned longitudinal database of SHARE with new data from two telephone surveys that were uniquely conducted during the pandemic. The analyses address important policy-related issues, such as: Did social distancing destabilize family and social support networks? Did the pandemic increase health, social and economic inequality? Who had to forego essential health care because of the pandemic? Did lockdown affect one's physical and mental health? Did the shift towards remote work affect workload and well-being? Were different housing conditions related to the spread of the virus?
Author : Sánchez Gassen, Nora
Publisher : Nordic Council of Ministers
ISBN 13 : 9289370939
Total Pages : 84 pages
Book Rating : 4.2/5 (893 download)
Download or read book Integrating Immigrants into the Nordic Labour Markets: The impact of the COVID-19 pandemic written by Sánchez Gassen, Nora and published by Nordic Council of Ministers. This book was released on 2021-09-23 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Available online: https://pub.norden.org/nord2021-050/ Nordic countries have been affected by the Covid-19 pandemic, which has taken a substantial toll on economic growth and employment level. Immigrants may have been disproportionately affected, even though Denmark, Finland, Norway and Sweden already face serious challenges in integrating immigrants into their labour markets for several years. This report aims to make a contribution to further research into the consequences of the pandemic.
Author : Brad J. Hershbein
Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (123 download)
Download or read book The COVID-19 Pandemic’s Evolving Impacts on the Labor Market written by Brad J. Hershbein and published by . This book was released on 2021 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we shed light on the impacts of the COVID-19 pandemic on the labor market, and how they have evolved over most of the year 2020. Relying primarily on microdata from the CPS and state-level data on virus caseloads, mortality, and policy restrictions, we consider a range of employment outcomes—including permanent layoffs, which generate large and lasting costs—and how these outcomes vary across demographic groups, occupations, and industries over time. We also examine how these employment patterns vary across different states, according to the timing and severity of virus caseloads, deaths, and closure measures. We find that the labor market recovery of the summer and early fall stagnated in late fall and early winter. As noted by others, we find low-wage and minority workers are hardest hit initially, but that recoveries have varied, and not always consistently, between Blacks and Hispanics. Statewide business closures and other restrictions on economic activity reduce employment rates concurrently but do not seem to have lingering effects once relaxed. In contrast, virus deaths—but not caseloads—not only depress current employment but produce accumulating harm. We conclude with policy options for states to repair their labor markets.
Author : Steve Williams
Publisher : Policy Press
ISBN 13 : 152922490X
Total Pages : 256 pages
Book Rating : 4.5/5 (292 download)
Download or read book Crises at Work written by Steve Williams and published by Policy Press. This book was released on 2024-09-06 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is impossible to view the news at present without hearing talk of crisis. This timely book looks at how three major crises – the economy, pandemic and climate – are related to the crisis of work, making it more precarious, intense and unequal. Providing an original and critical synthesis of recent trends in the field, expert scholars offer a programme for transcending the crisis of work. Offering a timely contribution to understanding the important issues facing the world, this book presents an important new way of thinking about work in contemporary societies.
Author : Asian Development Bank
Publisher : Asian Development Bank
ISBN 13 : 9292692518
Total Pages : 202 pages
Book Rating : 4.2/5 (926 download)
Download or read book COVID-19 and Labor Markets in Southeast Asia written by Asian Development Bank and published by Asian Development Bank. This book was released on 2021-12-01 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the impacts of the coronavirus disease (COVID-19) pandemic on labor markets in Indonesia, Malaysia, the Philippines, Thailand, and Viet Nam. Labor markets in Southeast Asia were particularly hit hard in 2020, when government containment measures were most severe. COVID-19 has exacerbated growing inequalities in the region—hurting not just low-skilled workers but also middle-skilled workers whose jobs were already at risk from automation even before the pandemic. Large gaps in social protection coverage were also exposed. While the policy response has been significant, a narrowing fiscal space and the protracted nature of the pandemic still pose major challenges for recovery. The report aims to help policymakers identify priorities, constraints, and opportunities for developing effective labor market strategies for economic recovery and beyond.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264340335
Total Pages : 404 pages
Book Rating : 4.2/5 (643 download)
Download or read book OECD Employment Outlook 2021 Navigating the COVID-19 Crisis and Recovery written by OECD and published by OECD Publishing. This book was released on 2021-07-07 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2021 edition of the OECD Employment Outlook focusses on the labour market implications of the COVID‐19 crisis. Chapters 1-3 concentrate on the main labour market and social challenges brought about by the crisis and the policies to address them.
Author : Florence Jaumotte
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.4/5 (2 download)
Download or read book Digitalization During the COVID-19 Crisis written by Florence Jaumotte and published by International Monetary Fund. This book was released on 2023-03-13 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Digitalization induced by the pandemic was seen both as a possible silver-lining from the crisis that could increase longer-term productivity and a risk for further labor market inequality between digital and non-digital workers. The note shows that the pandemic accelerated digitalization and triggered a partial catch-up by less digitalized entities in advanced economies. Higher digitalization levels shielded substantially productivity and hours worked during the crisis. However, the extent to which the pandemic-induced digitalization led to structural change in the economy is less clear. Less digitalized sectors have rebounded more strongly, albeit after stronger declines, and while workers in digital occupations were more shielded from the crisis, there does not appear to be a structural change in the composition of labor demand. Meanwhile, shifts in labor supply are more likely to be permanent, driven by the increase in working from home.
Author : Tindara Addabbo
Publisher : Springer Nature
ISBN 13 : 303139951X
Total Pages : 302 pages
Book Rating : 4.0/5 (313 download)
Download or read book Work Beyond the Pandemic written by Tindara Addabbo and published by Springer Nature. This book was released on 2023-11-21 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the impact of Covid-19 on employment relations and provides a reconstruction and a critical assessment of the measures enacted worldwide to tackle the economic and social crisis triggered by the global health emergency. The pandemic has been a booster of critical issues that for years have been silently shaping society and the labor market and so it can represent an opportunity to relaunch a critical analysis on the future of work. Beginning from this assumption, this book collects contributions from different disciplines, including law, economics and organization theory. It covers topics such as the measures enacted to protect workers’ health and cushion the labour, the new inequalities that emerged during the pandemic and the strategies to construct a sustainable and human-centred development in the post pandemic scenario. It is highly relevant to scholars and students of organisation studies, resilience, the labour market and labour law.
