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The great recession and trajectories of vulnerability to unemployment in the UK and Switzerland

Author
Abstract

The Great Recession had a profound impact on the labour market. Unemployment increased substantially and rapidly in almost all developed countries in the aftermath. While the unemployment rate began to decrease shortly after the crisis, this did not necessarily translate into a return to pre-recession levels. In fact, it took ten years for employment levels to recover to pre-2008 levels.

Year of Publication
2019
Journal
LIVES Working paper
Volume
079
Number of Pages
1-31
ISSN Number
2296-1658
URL
http://dx.doi.org/10.12682/lives.2296-1658.2019.79
DOI
10.12682/lives.2296-1658.2019.79
Keywords
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