Despite high unemployment in most
Eastern Europe and Central Asia (ECA) countries, people have
not withdrawn from the labor market but continue to actively
look for jobs. Unemployment increased significantly in ECA
countries during the crisis, particularly among youth.
However, young people are also the ones benefiting most from
the recovery. Labor market recovery remained sluggish up to
the third quarter of 2010. Many countries have seen only a
slight recovery in unemployment rates, although output is
recovering everywhere. Up to the third quarter of 2010, the
Gross Domestic Product (GDP) upturn in most ECA countries
appeared to be driven by increases in productivity and hours
worked; however, these are still below pre-crisis levels.
This suggests that there is room in most countries for
further increases in productivity and hours worked, which
could delay the recovery in employment.
Bibliographic Details
| Main Authors: |
Koettl, Johannes,
Oral, Isil,
Santos, Indhira |
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| Format: | Brief
biblioteca
|
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| Language: | English |
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| Published: |
World Bank, Washington, DC
2011-06
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| Subjects: | AGRICULTURE,
AVERAGE WAGE,
CRISES,
DEVALUATION,
ECONOMIC CRISES,
ECONOMIC DOWNTURNS,
ECONOMIC OUTLOOK,
ECONOMIC RECOVERY,
ECONOMIC SLOWDOWN,
ELASTICITY,
EMPLOYEE,
EMPLOYMENT,
EMPLOYMENT GROWTH,
EMPLOYMENT LEVELS,
EMPLOYMENT TRENDS,
FINANCIAL CRISES,
FINANCIAL CRISIS,
GDP,
GENDER DIFFERENCES,
HIGH UNEMPLOYMENT,
HOUSEHOLD INCOME,
HUMAN DEVELOPMENT,
INDIVIDUAL HOUSEHOLDS,
JOBS,
LABOR CONTRACTS,
LABOR FORCE,
LABOR FORCE PARTICIPATION,
LABOR MARKET,
LABOR MARKET INDICATORS,
LABOR MARKETS,
LABOR PRODUCTIVITY,
LABOR REGULATION,
LABOUR,
LABOUR MARKET,
LAYOFFS,
MALE WORKERS,
NATIONAL UNEMPLOYMENT,
NET EMPLOYMENT,
NET EMPLOYMENT GAINS,
NUMBER OF WOMEN,
PRIVATE SECTOR,
REAL GDP,
RECESSION,
SUBSISTENCE FARMING,
TROUGH,
UNEMPLOYED,
UNEMPLOYMENT RATE,
UNEMPLOYMENT RATES,
UNPAID FAMILY WORKERS,
WAGE SUBSIDY,
WAGE SUBSIDY PROGRAMS,
WAGES,
WAR,
WORK FORCE,
WORKER,
WORKFORCE,
WORLD POPULATION,
YOUNG PEOPLE,
YOUTH,
YOUTH UNEMPLOYMENT,
YOUTH UNEMPLOYMENT RATE,
YOUTH UNEMPLOYMENT RATES, |
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| Online Access: | http://documents.worldbank.org/curated/en/2011/06/14428977/employment-recovery-europe-central-asia
http://hdl.handle.net/10986/10090
|
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