Covid-19 and uncertainty in the labour market PDF Download

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Languages : ko
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Author: Rajib Bhattacharyya
Publisher: Springer Nature
ISBN: 9819944058
Category : Business & Economics
Languages : en
Pages : 356

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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: Carlo Pizzinelli
Publisher: International Monetary Fund
ISBN: 1616359021
Category : Business & Economics
Languages : en
Pages : 48

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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: Enrique Murillo
Publisher: Springer Nature
ISBN: 3031413865
Category : Business & Economics
Languages : en
Pages : 262

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COVID-19 impacted economic activity in a way that hurt households, businesses, industries, and governments. What followed immediately was a period of high uncertainty, and what’s to come is still unknown. Economists have a lot to learn from this point in history, as different countries have handled this very differently from others. This book journeys through what one emerging economy has done to attempt recovery following immense disruption: Mexico's recovery following the pandemic. This volume offers empirical studies that trace the post-pandemic recovery period in Mexico, providing insight into what this emergent economy went through and did after 2021. The first part of the book examines macroeconomics, such as tax collection, and microeconomics, such as household income. These chapters draw on policy and the actions driving the economic recover in this emergent economy. The second half of the book focuses on what organizations can do to improve internal governance as well as market success. Full of new conceptual and empirical studies, the book explains what it looks like to rebuild an emerging economy. It will appeal to economists, economic scholars, and policymakers trying to make sense of the best ways to move forward following intense period of economic instability.

Author: Cindy Russmann
Publisher: GRIN Verlag
ISBN: 3346187896
Category : Business & Economics
Languages : en
Pages : 11

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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: Giray Gozgor
Publisher: Frontiers Media SA
ISBN: 2889716783
Category : Medical
Languages : en
Pages : 240

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Author: Charles F. Manski
Publisher: Princeton University Press
ISBN: 0691194734
Category : Business & Economics
Languages : en
Pages : 184

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For the past few years, the author, a renowned economist, has been applying the statistical tools of economics to decision making under uncertainty in the context of patient health status and response to treatment. He shows how statistical imprecision and identification problems affect empirical research in the patient-care sphere.

Author: Mr. Sakai Ando
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 96

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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: Patricia Leighton
Publisher: Routledge
ISBN: 9781003020820
Category : Business & Economics
Languages : en
Pages : 264

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This book was written as the Coronavirus (COVID-19) pandemic began to have a devastating effect on employment across the globe. The crisis has served to highlight many deepseated, often longstanding challenges to employment relationships. These include uncertainties and fears about the impact of technological advances, concerns about safety and wellbeing and controversies around emerging business and employment models. It is difficult to avoid the fear that the combination of these and other practices will lead to a 'race to the bottom'. The book calls for a radical rethink and reassessment of the core values underlying employment relationships. In Work in Uncertain and Insecure Times, the authors take a refreshingly realistic view of how contemporary work relationships are managed and look to how they will need to change in the future. Some key questions are posed, such as 'who is the employer in complex skills supply chains?'; 'how do we ensure a skilled workforce in a context of fragmentation and increasing individualization?'; 'in a context of AI, robots etc., what does it mean to be human?' and 'how do we achieve change and improvement'? Based on extensive research presented in an accessible and engaging style, the book provides insights valuable to students of employment relationships, HRM and employment law as well as to practitioners and policy-makers. It draws on a range of academic disciplines and thoughts from interviews with key practitioners and commentators on workplace as well as students.

Author: Allan D. Webster
Publisher:
ISBN:
Category :
Languages : en
Pages :

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This study uses evidence from World Bank enterprise surveys of a sample of firms from six countries in Southern Europe. It examines the early evidence of the effects of Covid-19 on labour markets. The evidence and the analysis are provided at a time when the pandemic is still in progress. The future progress of Covid-19 and government containment measures is uncertain, and the full economic consequences will probably continue to emerge after the end of the pandemic. The full extent of the impact on labour will probably not be the first of these. Nonetheless the possibility of learning lessons from the early stages of the pandemic is sufficiently important to make the exercise valuable. The study suggests that, despite efforts to support firms and hoard labour, there is a prospect of a significant number of firm closures with a consequent loss of employment. Temporary firm closures also represent a substantial loss of labour weeks. These are partly related to a significant number of workers subject to furloughs. Both temporary closures and furloughs impose costs that will be borne by firms, workers and government. The effects of Covid-19 on firms differ across sectors. Adverse effects tend to be higher in hospitality, non-essential retail and travel. A degree of gender segregation means that these are sectors with a high proportion of female workers and, in consequence, most of the countries in the sample exhibit an early decline of the share of women in employment. That many firms lack the capacity to survive further temporary closures of a similar duration to those in the earlier stages emphasises that the support provided in the near future is of critical importance to control employment losses through permanent firm closures.