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...
| Autor principal: | |
|---|---|
| Otros Autores: | , , |
| Formato: | Revista |
| Lenguaje: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2022.
|
| Colección: | Departmental Papers; Departmental Paper ;
No 2022/004 |
| Materias: | |
| Acceso en línea: | Full text available on IMF |
| Sumario: | 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. |
|---|---|
| Notas: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Descripción Física: | 1 online resource (96 pages) |
| Formato: | Mode of access: Internet |
| ISSN: | 2616-5333 |
| Acceso: | Electronic access restricted to authorized BRAC University faculty, staff and students |