Search results for "UNEMPLOYMENT"
showing 10 items of 312 documents
Post-Enlargement Return Migrants' Earnings Premium: Evidence from Latvia
2008
The paper exploits a recent survey of over ten thousand economically active residents of Latvia; about 5% of respondents have worked abroad over the last three years, while 12% have family members with such experience. Post-enlargement labor migration from Latvia has been predominantly low-skilled, yet return migrants when compared to stayers are, on average, more educated and less likely to work as unskilled manuals. We combine instrumental variable and propensity score matching methods to study the effect of foreign experience on earnings. Results suggest that return migrants are neither positively nor negatively selected in terms of earnings. However, after controlling for worker demogra…
Regional labor markets in Finland: Adjustment to total versus region-specific shocks
2005
This article analyses regional labor market adjustment in the Finnish provinces during 1976-2000. We investigate the inter-relations of employment, unemployment, labor force participation, and migration to see how a change in region-specific and total labor demand is adjusted. The analysis reveals that region-specific labor demand shocks adjust mainly via participation, whereas total shocks are adjusted by unemployment. The region-specific component of labor demand shock has shorter-lived effects on unemployment and participation, but its effect on employment is permanent. Conversely, total shocks leave no permanent effect. Migration is more important in the region-specific case where, afte…
Overqualified Employees: Making the Best of a Potentially Bad Situation for Individuals and Organizations
2011
One of the “truisms” of personnel selection is that overqualified applicants are likely to be a poor fit and thus experience low job satisfaction and performance and higher turnover. Recently, the issue of overqualification has come to the forefront because of the economic downturn, especially in some European Union countries where unemployment rates are extremely high. However, empirical research on overqualification in the industrial–organizational/organizational behavior literature is limited. In this article, we argue that although there may be drawbacks to overqualification for both organizations and employees, overqualification may also provide a number of positive outcomes for worker…
Higher Education as Modulator of Gender Inequalities: Evidence of the Spanish Case
2015
Raising educational levels may help to reduce inequalities between men and women in certain social and economic aspects. Using statistics for Spain, we analyse labour market behaviours such as the rates of activity and unemployment by sex according to the educational level. The results reveal that the differences between men and women decrease as the educational level increases. In particular, the modulator effect of education is very important at the higher level, where differences in labour market behaviour between men and women with an university education almost disappear, except in terms of salaries. Nevertheless, it can be seen that the current economic crisis has reduced the modulato…
The Nordic expericence revisited: labour market booms and slumps since the 1990s in Finland and Sweden
2011
PurposeThis paper aims to provide an account of the unemployment performance of two Nordic countries during their recent labour market booms and slumps.Design/methodology/approachBased on the empirical models of Karanassou et al., we conduct dynamic simulation exercises and explore the determinants of unemployment.FindingsThe analysis yields two main findings. First, the capital stock was the most important determinant of the unemployment trajectory in both countries. This result appears in all periods considered: in the slump of the early 1990s and the boom of the late 1990s, as well as in the stabilisation period of the early 2000s. Second, the role of the foreign sector on the unemployme…
Unemployment and the Earnings Structure in Latvia
2005
Latvia has recorded sustained GDP and productivity growth since 1997. Yet unemployment rates, despite gradual decrease, have remained high. The paper explores the mysteries of unemployment in Latvia. It analyzes labor flows between employment, unemployment, and nonparticipation and finds the following results: The type of education and the region of residence appear to be the most important determinants of success in finding jobs by the unemployed. The unemployed from ethnic minorities have lower chances to find a job within a year, other things equal, while the difference between genders is not significant. However, neither ethnicity nor gender seems to matter as far as the transition from…
Youth Unemployment in Romania: Post-crisis Challenges
2014
Abstract This article reviews the dynamics of the Romanian youth labour market between 2007 and 2013. Using total unemployment rate as benchmarking we describe the dynamics of youth unemployment during these years. We argue that the short time effects of the crisis on youth unemployment are just one side of the problem. The long term effects related to education and migration trends are the main challenges that labour market policies should address in the near future.
Unemployment Transitions to Stable and Unstable Jobs Before and During the Crisis
2014
Using administrative records data from Spanish Social Security, we analyse the pattern and the determinants of individual unemployment benefit spell durations. We compare a period of expansion (2005-2007) and the recent recession (2009-2011), allowing us to determine the impact of the current crisis. In line with the duality that characterizes the Spanish labour market, we distinguish between exits to a stable job and exits to an unstable job. We estimate a Multivariate Mixed Proportional Hazard Model for each time period. We find similar effects of the crisis for stable and unstable jobs, which are particularly strong in the first year of the spell. Moreover, slight negative duration depen…
Rethinking Labour Migration Channels: the Experience of Latvia from EU Accession to Economic Recession
2013
With the onset of recession in the UK in 2008, it was assumed that immigration from other European Union countries would decline. However, this has been shown to not be the case, with the volume of new arrivals from most of the East-Central European ‘Accession 8’ countries actually increasing. The focus of this paper is Latvia, a country that had a relatively buoyant economy following its accession to the European Union in 2004 but that now has one of the highest unemployment and emigration rates in Europe. Interviews carried out with labour providers, policymakers, and employers are used to examine the labour migration channels that reflect and structure labour migration flows from Latvia …
Unemployment Flows in Finland, 1969-95: A Time Series Analysis
1998
We adopt a flow approach to analyse Finnish unemployment experience during the last three decades. In addition to data on short-term and total outflow and inflow rates from a relatively long period beginning in 1969, we also have data on duration-specific outflow rates for the period 1984 I–96 II which encompasses the spectacular increase in unemployment in the early nineties. The empirical study shows that both the inflow and the outflow is mainly driven by variation in job opportunities. For a given vacancy-unemployment ratio, the outflow rate has fallen because of changes in unemployment compensation, demographic structure and emigration. The outflow has been only marginally affected by …