European Labor Markets and the COVID-19 Pandemic : Fallout and the Path Ahead /

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 docum...

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Bibliografski detalji
Glavni autor: Ando, Sakai
Daljnji autori: Balakrishnan, Ravi, Gruss, Bertrand, Hallaert, Jean-Jacques
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2022.
Serija:Departmental Papers; Departmental Paper ; No 2022/004
Teme:
Online pristup:Full text available on IMF
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245 1 0 |a European Labor Markets and the COVID-19 Pandemic :   |b Fallout and the Path Ahead /  |c Sakai Ando, Ravi Balakrishnan, Bertrand Gruss, Jean-Jacques Hallaert. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2022. 
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490 1 |a Departmental Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a 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. 
538 |a Mode of access: Internet 
650 7 |a Aggregate Human Capital  |2 imf 
650 7 |a Employment  |2 imf 
650 7 |a Intergenerational Income Distribution  |2 imf 
650 7 |a Unemployment  |2 imf 
650 7 |a Wages  |2 imf 
700 1 |a Balakrishnan, Ravi. 
700 1 |a Gruss, Bertrand. 
700 1 |a Hallaert, Jean-Jacques. 
830 0 |a Departmental Papers; Departmental Paper ;  |v No 2022/004 
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