Impact of the Great Recession on unemployed and NEET individuals’ labour market transitions in Ireland

Abstract

The impact that the Great Recession has had on countries' labour markets has been well documented. In Ireland, the contraction in economic activity that took place resulted in the country's overall unemployment rate increasing from 4. The analysis showed that the drop in the groups' transition rates was not due to changes in the underlying sub-group population structures but to changes in the external environment that resulted in the impact of possessing certain characteristics changing over the recession.For example, education and nationality have become more important in finding a job in Ireland over the course of the recession, while there has been a fall in the scarring impact of unemployment durations.

Job loss by wage level: lessons from the Great Recession in Ireland

“…Here again, education appears to be particularly important in the male sub-sample in 2009. The increased importance of education for employment during the crisis is also reported in the study by Kelly and McGuinness (2015), based on QNHS data for 2006 and 2011.…”

Are student jobs flexible jobs? Using online data to study employers’ preferences in Slovakia

“…While it is clear that an economic downturn affects the labour market negatively, international literature agrees that this is particularly the case for youth (Scarpetta et al 2010;Kelly and McGuinness 2015). Beyond the cyclical component of youth unemployment, there are structural reasons.…”

Relationship of the youth unemployment and determinants of the labour market in the Balkan countries

“…There is a large number of research literature about the impact of the financial crises on the labour market, especially youth labour market. According to the study conducted by Kelly and McGuinness (2015) in the Republic of Ireland, the economic crisis significantly affected the unemployment rate among young people in the period from 2006 to 2012 by even 11%, while the unemployment rate among young people rose from 9.9% to 33% in 2012. Kelly and McGuinness (2015) used binary probit model.…”

“…According to the study conducted by Kelly and McGuinness (2015) in the Republic of Ireland, the economic crisis significantly affected the unemployment rate among young people in the period from 2006 to 2012 by even 11%, while the unemployment rate among young people rose from 9.9% to 33% in 2012. Kelly and McGuinness (2015) used binary probit model. Factors taken into account are: gender, age, nationality, education and geographical location (Dublin).…”