<abstract xmlns="http://www.w3.org/1999/xhtml"><p>While unemployment rates in Europe declined after the global financial crisis until 2018/2019, the incidence of long-term unemployment, the share of people who have been unemployed for >1 year to the total unemployed, remained high. Moreover, the COVID-19 pandemic could aggravate the long-term unemployment. This paper explores the factors associated with long-term unemployment in European countries using a panel of 25 European countries over the period 2000–2018. We find that skill mismatches, labor market matching efficiency, and labor market policies are associated with the incidence of long-term unemployment. Among the different types of active labor market policies, training and startup incentives are found to be effective in reducing long-term unemployment.</p></abstract>

While unemployment rates in Europe declined after the global financial crisis until 2018/2019, the incidence of long-term unemployment, the share of people who have been unemployed for >1 year to the total unemployed, remained high. Moreover, the COVID-19 pandemic could aggravate the long-term unemployment. This paper explores the factors associated with long-term unemployment in European countries using a panel of 25 European countries over the period 2000–2018. We find that skill mismatches, labor market matching efficiency, and labor market policies are associated with the incidence of long-term unemployment. Among the different types of active labor market policies, training and startup incentives are found to be effective in reducing long-term unemployment.

Mitigating Long-term Unemployment in Europe

IZA Journal of Labor Policy

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"Mitigating Long-term Unemployment in Europe"}

While unemployment rates in Europe declined after the global financial crisis until 2018/2019, the incidence of long-term unemployment, the share of people who...

Mitigating Long-term Unemployment in Europe

Publié en ligne: 31 mai 2021

Pages: -

Accepté: 14 avr. 2021

DOI: https://doi.org/10.2478/izajolp-2021-0003

Mots clés
long-term unemployment, labor market matching efficiency, active labor market policy

© 2021 Hiroaki Miyamoto et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Mitigating Long-term Unemployment in Europe

Publié en ligne: 31 mai 2021

Pages: -

Accepté: 14 avr. 2021

DOI: https://doi.org/10.2478/izajolp-2021-0003

Mots cléslong-term unemployment, labor market matching efficiency, active labor market policy

© 2021 Hiroaki Miyamoto et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Mots clés
long-term unemployment, labor market matching efficiency, active labor market policy