Unemployment rate in Georgia is 40%
25 May 2020 Leave a comment
in economics of bureaucracy, health economics, income redistribution, labour economics, labour supply, macroeconomics, politics - USA, Public Choice, public economics, rentseeking, unemployment Tags: 2020 presidential election, economics of pandemics, moral hazard, unemployment insurance
How do workers put food on table when they drop out of the labour force after unemployment insurance cuts?
27 May 2018 Leave a comment
in applied price theory, labour economics, labour supply, politics - USA, poverty and inequality, unemployment Tags: social insurance, unemployment insurance, welfare state
The first @PaulKrugman explains European labour market regulation
02 Jan 2017 Leave a comment
in applied price theory, income redistribution, labour economics, labour supply, law and economics, minimum wage, Public Choice, rentseeking Tags: employment law, labour market regulation, minimum wage laws, rent control, social insurance, unemployment insurance
Source: Unmitigated Gauls (1998).
% of unemployment that is more than 12 months, USA, UK, Germany and France
14 Aug 2015 Leave a comment
in currency unions, Euro crisis, job search and matching, labour economics, labour supply, macroeconomics, unemployment Tags: British economy, equilibrium unemployment rate, France, Germany, long-term unemployment, natural unemployment rate, social insurance, unemployment duration, unemployment insurance, welfare state
As the British labour market and long-term unemployment was starting to get something like that in the USA, the USA started to have unemployment it was more like the European labour markets in terms of the number of long-term unemployed. Nothing much happened in Germany and France.
Source: OECD StatExtract.
German unemployment incidence by duration since 1983
11 Aug 2015 Leave a comment
in economic history, Euro crisis, fiscal policy, job search and matching, labour economics, labour supply, macroeconomics, unemployment, welfare reform Tags: equilibrium unemployment rate, Eurosclerosis, German unification, Germany, natural unemployment rate, poverty traps, unemployment duration, unemployment insurance, welfare state
German long term unemployment has been pretty stable albeit with an up-and-down after German unification. There is also a fall in long-term unemployment after some labour market reforms around 2005.
Source: OECD StatExtract.
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