Work Sharing During The Great Recession
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Work Sharing During The Great Recession
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Author : Jon Carleton Messenger
language : en
Publisher: Edward Elgar Publishing
Release Date : 2013-01-01
Work Sharing During The Great Recession written by Jon Carleton Messenger and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-01 with Business & Economics categories.
'Work sharing' is a labour market instrument devised to distribute a reduced volume of work to the same (or similar) number of workers over a diminished period of working time in order to avoid redundancies. This fascinating and timely study presents the concept and history of work sharing and explores the complexities and trade-offs involved in its use as both a strategy for preserving jobs and a policy for increasing employment. The expert contributors examine the resurgence in the use of work sharing as a job preservation strategy via country case studies of work-sharing programmes implemented across the globe during the Great Recession of 20082009. These studies clearly illustrate that work sharing has been successful as a crisis-response measure in a number of countries. Lessons learned and their implications are presented alongside prescriptions on how to design permanent work-sharing policies that would provide appropriate incentives to generate positive effects for employment and promote a sustainable and job-rich economic recovery. This enlightening book will prove invaluable to academics, researchers, students and policymakers in the fields of labour economics, public sector economics and social policy.
Working Through The Crisis
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Author : Arup Banerji
language : en
Publisher: World Bank Publications
Release Date : 2013-12-18
Working Through The Crisis written by Arup Banerji and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-18 with Business & Economics categories.
Working through the Crisis documents how the Great Recession affected employment outcomes in developing countries and how those countries' governments responded. The chapters comprise a unique compilation of data and analysis from different sources, including an inventory of policies implemented during the crisis, among countries in Latin America, Eastern Europe, Asia, and Africa. The effects of the crisis depended on the size of the shock, the channels through which it was manifested, the structure of institutions in the country--especially labor institutions--and the specific policy responses undertaken. Although these factors resulted in differing outcomes among the countries studied, common patterns emerge. In terms of impacts, overall adjustments involved reductions in earnings growth rather than in employment growth, although the quality of employment was also affected. Youth were doubly affected, being more likely to experience unemployment and reduced wages. Men seemed to have been more severely affected than women. In most countries where data are available, there were no major differences between skilled and unskilled workers or between those living in urban and rural areas. In terms of policy responses, this crisis was characterized by a high prevalence of active interventions in the labor market and the expansion of income protection systems, as well as countercyclical stimulus measures. When timed well and sufficiently large, these stimulus measures were effective in reducing adverse employment effects. Specific sectoral stimulus policies also had beneficial effects when they were well targeted. However, social protection and labor market policy responses were often ad hoc, and not in line with the types of adjustments workers experienced. As a result, these policies and programs were typically biased toward formal sector workers and did not necessarily reach those who needed them the most. In retrospect, there is a sense that developing countries were not well prepared to deal with the effects of the Great Recession, and that the further development of social protection systems is crucial to better protect workers and their families from the next crisis.
From The Great Recession To Labour Market Recovery
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Author : I. Islam
language : en
Publisher: Springer
Release Date : 2010-12-14
From The Great Recession To Labour Market Recovery written by I. Islam and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12-14 with Business & Economics categories.
This book sheds light on the impact of the Great Recession from the perspective of both developing and developed countries. It traces the complex and multiple causes of the Great Recession, delineates the diversity in the macroeconomic and labour market consequences, and highlights the effectiveness of policy responses undertaken so far.
Work Sharing
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Author : Julie Batz
language : en
Publisher:
Release Date : 1989
Work Sharing written by Julie Batz and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Part-time employment categories.
The Distributional Impact Of Recessions The Global Financial Crisis And The Pandemic Recession
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Author : Mr.Ippei Shibata
language : en
Publisher: International Monetary Fund
Release Date : 2020-06-19
The Distributional Impact Of Recessions The Global Financial Crisis And The Pandemic Recession written by Mr.Ippei Shibata and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-19 with Business & Economics categories.
Using the U.S. Current Population Survey data, this paper compares the distributional impacts of the Pandemic Crisis and those of the Global Financial Crisis in terms of (i) worker characteristics, (ii) job characteristics–“social” (where individuals interact to consume goods), “teleworkable” (where individuals have the option of working at home), and “essential” jobs (which were not subject to government mandated shut-downs during the recent recession), and (iii) wage distributions. We find that young and less educated workers have always been affected more in recessions, while women and Hispanics were more severely affected during the Pandemic Recession. Surprisingly, teleworkable, social and essential jobs have been historically less cyclical. This historical acyclicality of teleworkable occupations is attributable to its higher share of skilled workers. Unlike during the Global Financial Crisis, however, employment in social industries fell more whereas employment in teleworkable and essential jobs fell less during the Pandemic Crisis. Lastly, during both recessions, workers at low-income earnings have suffered more than top-income earners, suggesting a significant distributional impact of the two recessions.
Short Time Compensation
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Author : Ramelle MaCoy
language : en
Publisher: New York : Pergamon Press
Release Date : 1984
Short Time Compensation written by Ramelle MaCoy and has been published by New York : Pergamon Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Business & Economics categories.
Evaluation of short time working compensated by unemployment benefit (STC) to provide employment security in the USA, including comparisons with Canada and Germany, Federal Republic - covers management attitudes and employees attitudes to Job Sharing, legal aspects, administrative aspects, and the case of Motorola. Graphs and references.
Sharing The Work
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Author : Noah Meltz
language : en
Publisher:
Release Date : 1981-12-15
Sharing The Work written by Noah Meltz and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981-12-15 with Business & Economics categories.
Feasibility study of introducing work sharing and Job Sharing in Canada - using an econometric model and empirical evidence, examines advantages and disadvantages of work sharing (reduced hours of work to prevent layoff and unemployment) and Job Sharing (conversion of full- time jobs into permanent part time employment to suit employee preferences), esp. Economic implications, labour costs, labour productivity, labour supply and labour demand, labour policy issues, etc. Bibliography pp. 89 and 90, graphs and statistical tables.
The Great Recession
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Author : David B. Grusky
language : en
Publisher: Russell Sage Foundation
Release Date : 2011-10-01
The Great Recession written by David B. Grusky and has been published by Russell Sage Foundation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-10-01 with Business & Economics categories.
Officially over in 2009, the Great Recession is now generally acknowledged to be the most devastating global economic crisis since the Great Depression. As a result of the crisis, the United States lost more than 7.5 million jobs, and the unemployment rate doubled—peaking at more than 10 percent. The collapse of the housing market and subsequent equity market fluctuations delivered a one-two punch that destroyed trillions of dollars in personal wealth and made many Americans far less financially secure. Still reeling from these early shocks, the U.S. economy will undoubtedly take years to recover. Less clear, however, are the social effects of such economic hardship on a U.S. population accustomed to long periods of prosperity. How are Americans responding to these hard times? The Great Recession is the first authoritative assessment of how the aftershocks of the recession are affecting individuals and families, jobs, earnings and poverty, political and social attitudes, lifestyle and consumption practices, and charitable giving. Focused on individual-level effects rather than institutional causes, The Great Recession turns to leading experts to examine whether the economic aftermath caused by the recession is transforming how Americans live their lives, what they believe in, and the institutions they rely on. Contributors Michael Hout, Asaf Levanon, and Erin Cumberworth show how job loss during the recession—the worst since the 1980s—hit less-educated workers, men, immigrants, and factory and construction workers the hardest. Millions of lost industrial jobs are likely never to be recovered and where new jobs are appearing, they tend to be either high-skill positions or low-wage employment—offering few opportunities for the middle-class. Edward Wolff, Lindsay Owens, and Esra Burak examine the effects of the recession on housing and wealth for the very poor and the very rich. They find that while the richest Americans experienced the greatest absolute wealth loss, their resources enabled them to weather the crisis better than the young families, African Americans, and the middle class, who experienced the most disproportionate loss—including mortgage delinquencies, home foreclosures, and personal bankruptcies. Lane Kenworthy and Lindsay Owens ask whether this recession is producing enduring shifts in public opinion akin to those that followed the Great Depression. Surprisingly, they find no evidence of recession-induced attitude changes toward corporations, the government, perceptions of social justice, or policies aimed at aiding the poor. Similarly, Philip Morgan, Erin Cumberworth, and Christopher Wimer find no major recession effects on marriage, divorce, or cohabitation rates. They do find a decline in fertility rates, as well as increasing numbers of adult children returning home to the family nest—evidence that suggests deep pessimism about recovery. This protracted slump—marked by steep unemployment, profound destruction of wealth, and sluggish consumer activity—will likely continue for years to come, and more pronounced effects may surface down the road. The contributors note that, to date, this crisis has not yet generated broad shifts in lifestyle and attitudes. But by clarifying how the recession’s early impacts have—and have not—influenced our current economic and social landscape, The Great Recession establishes an important benchmark against which to measure future change.
Strengths Of The Social Safety Net In The Great Recession
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Author : Christopher J. O'Leary
language : en
Publisher: W.E. Upjohn Institute
Release Date : 2019-08-22
Strengths Of The Social Safety Net In The Great Recession written by Christopher J. O'Leary and has been published by W.E. Upjohn Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-08-22 with Political Science categories.
The contributors in this book use administrative data from six states from before, during, and after the Great Recession to gauge the degree to which Supplemental Nutrition Assistance (SNAP) and Unemployment Insurance (UI) interacted. They also recommend ways that the program policies could be altered to better serve those suffering hardship as a result of future economic downturns.
A Guide To Worker Displacement
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Author : Gary B. Hansen
language : en
Publisher: International Labour Organisation
Release Date : 2009
A Guide To Worker Displacement written by Gary B. Hansen and has been published by International Labour Organisation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Business & Economics categories.
This guide is an update To The 2001 Guide to worker displacement that was published as a response To The Asian financial crisis. The Guide, drawing on experience primarily in North America and during the transition process in Central and Eastern Europe, explores how enterprises, communities and workers can respond To The financial crisis and how to reduce potential job losses. This includes possible strategies for averting layoffs and promoting business retention by communities, enterprise managements and workers' association. The guide is primarily for use in industrialized and transition countries, and is aimed at policy makers, employers and workers in developing appropriate responses that promote worker retention and employment during the recession.