Mitigating Long-term Unemployment in Europe

While unemployment rates in Europe declined after the global financial crisis until 2018/2019, the incidence of long-term unemployment, the share of people who have been unemployed for >1 year to the total unemployed, remained high. Moreover, the COVID-19 pandemic could aggravate the long-term un...

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Autores principales: Miyamoto Hiroaki, Suphaphiphat Nujin
Formato: article
Lenguaje:EN
Publicado: Sciendo 2021
Materias:
j64
j68
Acceso en línea:https://doaj.org/article/830f06f4081b46c7afa6098e172d00f4
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spelling oai:doaj.org-article:830f06f4081b46c7afa6098e172d00f42021-12-05T14:11:08ZMitigating Long-term Unemployment in Europe2193-900410.2478/izajolp-2021-0003https://doaj.org/article/830f06f4081b46c7afa6098e172d00f42021-05-01T00:00:00Zhttps://doi.org/10.2478/izajolp-2021-0003https://doaj.org/toc/2193-9004While unemployment rates in Europe declined after the global financial crisis until 2018/2019, the incidence of long-term unemployment, the share of people who have been unemployed for >1 year to the total unemployed, remained high. Moreover, the COVID-19 pandemic could aggravate the long-term unemployment. This paper explores the factors associated with long-term unemployment in European countries using a panel of 25 European countries over the period 2000–2018. We find that skill mismatches, labor market matching efficiency, and labor market policies are associated with the incidence of long-term unemployment. Among the different types of active labor market policies, training and startup incentives are found to be effective in reducing long-term unemployment.Miyamoto HiroakiSuphaphiphat NujinSciendoarticlelong-term unemploymentlabor market matching efficiencyactive labor market policyj64j68Labor policy. Labor and the stateHD7795-8027ENIZA Journal of Labor Policy, Vol 11, Iss 1, Pp 277-297 (2021)
institution DOAJ
collection DOAJ
language EN
topic long-term unemployment
labor market matching efficiency
active labor market policy
j64
j68
Labor policy. Labor and the state
HD7795-8027
spellingShingle long-term unemployment
labor market matching efficiency
active labor market policy
j64
j68
Labor policy. Labor and the state
HD7795-8027
Miyamoto Hiroaki
Suphaphiphat Nujin
Mitigating Long-term Unemployment in Europe
description While unemployment rates in Europe declined after the global financial crisis until 2018/2019, the incidence of long-term unemployment, the share of people who have been unemployed for >1 year to the total unemployed, remained high. Moreover, the COVID-19 pandemic could aggravate the long-term unemployment. This paper explores the factors associated with long-term unemployment in European countries using a panel of 25 European countries over the period 2000–2018. We find that skill mismatches, labor market matching efficiency, and labor market policies are associated with the incidence of long-term unemployment. Among the different types of active labor market policies, training and startup incentives are found to be effective in reducing long-term unemployment.
format article
author Miyamoto Hiroaki
Suphaphiphat Nujin
author_facet Miyamoto Hiroaki
Suphaphiphat Nujin
author_sort Miyamoto Hiroaki
title Mitigating Long-term Unemployment in Europe
title_short Mitigating Long-term Unemployment in Europe
title_full Mitigating Long-term Unemployment in Europe
title_fullStr Mitigating Long-term Unemployment in Europe
title_full_unstemmed Mitigating Long-term Unemployment in Europe
title_sort mitigating long-term unemployment in europe
publisher Sciendo
publishDate 2021
url https://doaj.org/article/830f06f4081b46c7afa6098e172d00f4
work_keys_str_mv AT miyamotohiroaki mitigatinglongtermunemploymentineurope
AT suphaphiphatnujin mitigatinglongtermunemploymentineurope
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