Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/128273 
Authors: 
Year of Publication: 
2014
Series/Report no.: 
CASE Network Studies & Analyses No. 475
Publisher: 
Center for Social and Economic Research (CASE), Warsaw
Abstract: 
Two in ten working age adults have been out of work for over a year in Visegrad economies and long term joblessness is especially high among the uneducated. The employment disadvantage of uneducated workers tends to be larger than in Western European countries, and is especially grievous in Hungary, where a relatively large share of the labour force has only completed primary school. The build-up of long term joblessnes may take its toll both on the individual and the economy. Beside the loss of human capital and potentially harmful effects on health and mental health, the lower job search intensity of the long term unemployed may lead to weaker wage adjustment and slower economic recovery. Long term non-employment also increases poverty and social exclusion, which may further constrain economic growth. Reducing long term unemployment by activating the unemployed, increasing the education level or preventing early retirement could potentially increase the total employment rateby 2-3 % points in the Visegrad countries.
Subjects: 
Unemployment: Models, Duration, Incidence, and Job Search, Public Policy
JEL: 
J64
J68
ISBN: 
978-83-7178-613-6
Document Type: 
Research Report

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