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The reaction of the German labor market to the Great Recession 2008/09 was relatively mild – especially compared to other countries. The reason lies not only in the specific type of the recession – wh...
Short-time work was the "German answer" to the economic crisis. The number of short-time workers strongly increased in the recession and peaked at more than 1.5 million. Without the extensive use of s...
Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment loss. Employers' reticence to hire in the preceding expansion, associated in part w...
The Great Recession from December 2007 to June 2009 is associated with a dramatic weakening of the labor market from which the labor market is now only slowly recovering. The unemployment rate remains...
Flexicurity labour markets are characterised by flexible hiring/firing rules, generous social safety net, and active labour market policies. How can such labour markets cope with the consequences of t...
The "Great Recession" resulted in many business closings and foreclosures, but what effect did it have on business formation? On the one hand, recessions decrease potential business income and wealth,...
This article reviews the effects of the Great Recession on youth labour markets. We argue that young people aged 16-24 have suffered disproportionately during the recession. Using the USA and UK as ca...
The Great Recession triggered a resurgence of short-time work (STW) throughout the OECD. Several countries introduced from scratch STW or significantly expanded the scope of the programmes already in ...
The impact of the 2007?9 recession on workers with disabilities.
JOLTS data indicate record-low levels of job openings, hires, and separations in 2009, as well as a record-high number of layoffs and discharges.
In 2009, the unemployment rate reached double digits, the employment-population ratio fell sharply, and the numbers of unemployed, discouraged workers, and involuntary part-timers rose.
The year began with a weakening labor market, in which manufacturing抯 downturn spread into other sectors; unemployment climbed from the historic lows reached during the recent economic expansion.

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