World Crisis and Labor Market

2011 ◽  
pp. 3-17
Author(s):  
N. Ivanov
Keyword(s):  
Labor Market ◽  
Economic Crisis ◽  
Supply And Demand ◽  
Innovative Development ◽  
World Crisis ◽  
Economic Parameters ◽  
Governmental Institutions

The article deals with the problems of labor market functioning under conditions of global financial and economic crisis. Extensive statistical material is analyzed. The focus is made on identifying the principal specifics of the crisis in terms of such socio-economic parameters of reproduction as employment, unemployment, structure of supply and demand in the labor market, prospects for innovative development, anti-crisis activities of governmental institutions.

scholarly journals The Impact of the COVID-19 Pandemic on the Labor Market: An Analysis of Supply and Demand in the Spanish Municipalities

2021 ◽  
Vol 13 (23) ◽  
pp. 12996
Author(s):  
Nicola Raimo ◽  
Pedro-José Martínez-Córdoba ◽  
Bernardino Benito ◽  
Filippo Vitolla
Keyword(s):  
Labor Market ◽  
Economic Crisis ◽  
Economic Activity ◽  
Supply And Demand ◽  
Mediterranean Area ◽  
Recent History ◽  
Economic Losses ◽  
The Individual ◽  
The Impact ◽  
Demographic Features

The COVID-19 pandemic represents the largest health and economic crisis in recent history. It has particularly affected the countries of the Mediterranean area, with serious repercussions in terms of not only infections and deaths, but also economic losses. In particular, social distancing measures, severe restrictions, and lockdowns imposed by governments have had serious repercussions on the labor market. The impact of the pandemic on the labor market has prompted numerous researchers to examine and quantify its consequences. However, mainly macroeconomic analyses have been carried out and there is a lack of studies aimed at examining the impact on the labor market in the individual municipalities. This study aims to bridge this gap by examining the consequences of the COVID-19 pandemic on the supply and demand of labor in Spanish municipalities, and the factors that can influence these levels of employment. The results show the relevance of the characteristics of the business fabric in the supply and demand for employment during the first months of the pandemic. In addition, they show that the economic activity of the municipality and the demographic features of the population condition the labor market.

scholarly journals Mapping the Socio-Economic Indicators of Greece from the Implementation of the Monetary Policy and the Tax Administration

2019 ◽  
Vol 7 (1) ◽  
pp. 42
Author(s):  
Panagiotis Liargovas ◽  
Athanasios Anastasiou ◽  
Dimitrios Komninos ◽  
Zacharias Dermatis
Keyword(s):  
Labor Market ◽  
Economic Crisis ◽  
Debt Crisis ◽  
Supply And Demand ◽  
Developed Countries ◽  
Economic Indicators ◽  
Tax Administration ◽  
Middle Income ◽  
Unemployment Rates ◽  
The Many

The economic crisis that led to a decline in private consumption in the period 2009-2016 is the main factor that has accelerated developments in the country's business map, in the sense that in many cases of business development in Greece there are structural weaknesses revealed by the crisis. This confirms that the country's economic crisis cannot be an alibi for the many problems of the Greek economy.The impact of the economic crisis differs not only between countries where low- and middle-income countries are more affected by developed countries but also within countries. The dramatic decline in wages and pensions has led to a decline in the purchasing power of citizens. The debt crisis, the weakening of demand in the context of addressing the competitiveness of the Greek economy and the significant structural interventions in the labor market, affected supply and demand in the labor market and its participants.The purpose of this paper is to present the social and economic indicators of our country by implementing the policy of the memorandums and the Tax Administration. In particular, a mapping exercise is being undertaken in the period 2009-2016:• The number of starts, change of tax office and business holidays• The business map of our country• Unemployment rates as they have been in our country• The degree of contribution of austerity programs and memorandum policies to addressing unemployment.• The areas and categories of occupations where the highest unemployment rates have occurred.• The role of Tax Administration in addressing these problems.

scholarly journals The Role of Employment Protection during an Exogenous Shock to an Economy

2011 ◽  
Vol 11 (2) ◽  
pp. 1850225 ◽  
Author(s):  
Miki Malul ◽  
Mosi Rosenboim ◽  
Tal Shavit ◽  
Shlomo Yedidia Tarba
Keyword(s):  
Economic Crisis ◽  
Employment Protection ◽  
Exogenous Shock ◽  
Unemployment Rates ◽  
World Crisis ◽  
Automatic Stabilizer ◽  
Medium Level ◽  
Using Data ◽  
The Stability

This paper explores the role of employment protection when powerful external crises reduce demand for products. We first present a theoretical framework that shows that employment protection has a U-shaped effect on abnormal unemployment during a negative exogenous shock to an economy. Using data from the 33 OECD countries, we analyze how the level of employment protection affected the stability of unemployment rates during the recent global economic crisis. The results suggest that countries with an intermediate level of employment protection will have more stable unemployment rates during a world crisis. The policy implication of our paper is that countries should seek a medium level of employment protection that may act as an automatic stabilizer of the economy on the macro level.

scholarly journals Improving Early Warning System Indicators for Crisis Manifestations in the Russian Economy

2020 ◽  
Vol 6 (4) ◽  
pp. 171
Author(s):  
Alexander Semin ◽  
Marina Vasiljeva ◽  
Alexander Sokolov ◽  
Nikolay Kuznetsov ◽  
Maksim Maramygin ◽  
...  
Keyword(s):  
Economic Crisis ◽  
Technological Development ◽  
Warning System ◽  
Mortgage Lending ◽  
Bank Loans ◽  
Leading Indicators ◽  
Innovative Development ◽  
Russian Economy ◽  
Real Gdp ◽  
Innovative Economy

The study is aimed at determining the oscillators of crisis manifestations when the Russian economy tries to make transition to the path for accelerating technological development and forming an innovative economy. Short-term cycles were determined in the development of the Russian economy from 1995 to the first half of 2020 through the Fourier spectral analysis. Using the Granger test, causal relationships between the leading indicators of the economic crisis and the real GDP index in Russia were identified and substantiated. They reflect the influence of the key rate dynamics on the volume of lending, savings, investments, the yield on securities and the exchange rate; volumes of bank loans per the share of non-performing and bad loans and innovative development of the economy. Based on the constructed neural models of the oscillator influence on the level of real GDP in Russia, it was determined that the rapid growth of bank and mortgage lending, the devaluation of the ruble, a decreased volume of gross foreign investment and the level of innovative development predetermine crisis manifestations in the national economy. The lags of the influence of changes in the leading indicators of the economic crisis on the development of the economy were calculated. The results obtained can contribute to the effectiveness of the anti-crisis regulation strategy in Russia. They can serve as a basis for increasing the efficiency of long-term innovative development and creating appropriate conditions for increasing the scientific and technological potential of the country.

scholarly journals The DEA Method and its Application Possibilities for Measuring Efficiency in the Public Sector—The Case of Local Public Employment Services

Economies ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 80
Author(s):  
Ewa Cichowicz ◽  
Ewa Rollnik-Sadowska ◽  
Monika Dędys ◽  
Maria Ekes
Keyword(s):  
Labor Market ◽  
Public Sector ◽  
Supply And Demand ◽  
Policy Instruments ◽  
Public Employment ◽  
Employment Services ◽  
The Public ◽  
Measuring Efficiency ◽  
Dea Method ◽  
The Unemployed

Public Employment Services (PES) are identified as important institutions in the process of improving the match between supply and demand in the labor market, which, despite their importance, still do not achieve the desired efficiency. The indicated problem is partly due to the lack of appropriate evaluation methods for the applied labor market policy instruments. This paper aims to verify the possibility of using the two-stage Data Envelopment Analysis (DEA) method in measuring the efficiency of public sector entities. The authors focused on 39 PES operating in Mazovia province, Poland in 2019. In the first stage, the model of technical efficiency of local PES included six variables (four inputs and two outputs). Only seven PES obtained full efficiency. The inefficiency of analyzed PES varied from about 1% to 80%. In the second stage, the attention focuses on the relationship between true unknown efficiency and its determinants (five environmental variables, both demand and supply oriented). Then, the regression coefficients and confidence intervals showed that three out of five variables influence the efficiency results, the share of the long-term unemployed, the share of the unemployed under 30, and the share of the unemployed over 50 in the total number of unemployed.

scholarly journals THE IMPORTANCE OF GOVERNMENT PROGRAMS IN INCREASING EMPLOYMENT EFFICIENCY IN GANJA-KAZAKH ECONOMIC REGION

2021 ◽  
Author(s):  
S. A. Hasanova
Keyword(s):  
Labor Market ◽  
Negative Impact ◽  
Supply And Demand ◽  
Economic Region ◽  
Investment Projects ◽  
Oil Sector ◽  
The Republic ◽  
State Programs ◽  
Production Areas ◽  
The Impact

The article analyzes the labor market in Ganja-Gazakh economic region, the main "State Programs for socio-economic development of the regions of the Republic of Azerbaijan" (2004-2008, 2009-2013, 2014-2018, 2019-2023) to address the employment problems of the population. directions were considered. At the same time, the current situation of employment and unemployment in the region, the interregional distribution of productive forces, the region's infrastructure, the geography of natural resources were studied. Traditional production areas for the region, preferential loans provided to entrepreneurs within the framework of financed investment projects and other issues were discussed. The measures taken to eliminate the negative impact of the global crisis on the regions of Azerbaijan since 2016, the volume of output in key sectors of the economy are reflected. The discrepancy between job supply and demand in the region's labor market, as well as the main problems arising in the process of their coordination were analyzed. The urgency of original issues such as increasing production and exports, attracting effective employment, ensuring regional development by attracting domestic and foreign investment to the regions was brought to attention. The impact of investments in the regions on the development of the non-oil sector on the country's GDP was studied. The enterprises and jobs created in Ganja-Gazakh economic region were discussed within the program. In the end, the results of the analysis were reflected and suggestions were made to eliminate the existing problems.

scholarly journals Study on the Contradiction Between Supply and Demand of the Aged Education Under the Background of Aging

2020 ◽  
Vol 9 (3) ◽  
pp. 82
Author(s):  
Fang Jin ◽  
Zhongying Hu
Keyword(s):  
Social Development ◽  
Supply And Demand ◽  
Aging Population ◽  
The Elderly ◽  
Innovative Development ◽  
New Normal ◽  
General School ◽  
High Level ◽  
Professional Guidance ◽  
Basic Level

<p>China has entered the new normal of the elderly society, and the aging population has a great impact on China's economic and social development. How to solve the dilemma of "one ticket is hard to get" in the elderly education and innovate and develop the elderly education is an important part of the modernization of education, which is related to the overall situation of building a well-off society at a high level. Taking Wenzhou as an example, this paper constructs a senior education mode of "general school + basic level + network", promotes the vigorous development of local senior education, and refines the school running experience of "separation of management and management, integration of resources, and professional guidance", which is the proper path for the innovative development of senior education, and has certain reference significance for the development of senior education in all parts of China.</p>

scholarly journals METHODS FOR FUZZY DEMAND ASSESSMENT FOR IT SPECIALTIES

2019 ◽  
Vol 4 ◽  
pp. 23-33 ◽  
Author(s):  
Masuma Mammadovа
Keyword(s):  
Labor Market ◽  
Information Technologies ◽  
Rapid Development ◽  
Supply And Demand ◽  
Complete Information ◽  
Mathematical Tool ◽  
Market Demand ◽  
Technological Transformation ◽  
The One ◽  
Support Methods

The rapid development of information technologies and their penetration into various spheres of human activity cause a sharply increased demand for IT specialists, in many countries of the world far exceeding the supply on them. High rates of technological transformation contribute to the diversification of the IT segment of the labor market, on the one hand, stimulate the disappearance of some and the emergence of new IT specialties, on the other. This creates a discrepancy between the structure of IT-related education and the labor market demand for IT specialists of the required profile and determines the relevance of developing methods for assessing the demand for IT specialties. This article is devoted to the study and solution of the problem of identifying the demand for IT specialties in the absence of accurate and complete information about the situation in the IT market segment. For the assessment of IT specialties and their ranking by the degree of demand in the labor market, the tasks of making individual and group decisions in the context of fuzzy initial information are formulated and solved. The methodological basis of the tasks posed is multi-criteria decision support methods based on fuzzy relations of expert preferences. The proposed approach as a mathematical tool for minimizing the structural imbalance of supply and demand for IT specialties is one of the components of the system of intellectual management of the labor market of IT specialists. The latter is designed to support the adoption of scientifically based management decisions to eliminate the mismatch of supply and demand in the IT segment of the labor market in professional, quantitative and qualitative sections.

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