Long-term unemployment

Abstract

PurposeThis paper empirically explores the role of skill losses during unemployment behind firms' behaviour in interviewing long-term unemployedDesign/methodology/approachThe analysis makes use of the Work Employment Relations Survey in the UK, while it applies a panel probit modelling approach to estimate the empirical findings.FindingsThe findings document that skill losses during long-term unemployment reduce the likelihood of an interview, while they emphasize the need for certain policies that could compensate for this deterioration of skills. For robustness check, the estimation strategy survives the examination of the same predictors under different types of the working environment.Originality/valueThe original values of the work 1 combines for the first time both duration and technology as predictors of interview probability. Until now, the independent variables were used to test whether an individual has managed to exit unemployment, thus skipping the step of the interview process.

Remittances, Nonlabor Income as a Source of Hysteresis in Unemployment in Colombia, 2010–2020

“…Jones and Manning (1992) emphasized the disadvantage faced by the long-term unemployed as a result of skill deterioration. Apergis and Apergis (2020) explained how long-term unemployment reduces employability and perpetuates hysteresis. Jurajda and Münich (2003) find that higher unemployment rates lead to increased nonlabor income and persistently high levels of unemployment, indicating hysteresis.…”

ICT Capital Formation, Unemployment, and the Solow Paradox

“…This validates the polarisation effect (Michaels et al, 2014), implying that ICT affects medium-skill workers more than high-skilled workers. Sharp technological changes can increase employment opportunities for those who invest in new skill acquisition, which can persist due to skill obsolescence (Apergis and Apergis, 2020). 5 ---------------------------The hypothesis, dating back to the Great Depression in the 1930s, that technological changes can seriously impact unemployment is still relevant today (Figure 4).…”