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1.
Mathematics ; 10(9):1442, 2022.
Article in English | ProQuest Central | ID: covidwho-1837851

ABSTRACT

This study aims to evaluate the impact of a selected active labour market policy measure that has been applied in Slovakia—Allowance for school graduate practice performance—on the employability of young jobseekers and their sustainability in the labour market, and thus, it will also empirically contribute to the field of relevant literature. The policy targets unemployed school graduates, and it enables them to acquire professional skills and practical experience that corresponds with their level of education, work habits, and possible direct contact with potential employers. At the same time, this measure addresses a long-standing gap in the Slovakian education system, namely, the insufficient linkages between the educational process, the practices in the field, and the requirements of the labour market. Using fiscal resources to finance this policy, it provides a natural and logical platform to investigate the relevance of the outcome of this measure in the context of its proclaimed objectives. In light of this, we employed a counterfactual approach to compare the results of the participants who were affected the measure (recipients;treated group) and non-participants, as their counterparts (comparison/control group), using an instrumental variable to mitigate self-selection and selection-bias problems. Our findings show that this policy intervention has a short- or medium-term impact on the employability of unemployed school graduates and the sustainability of their careers. In addition, a positive impact on their monthly wages was observed. We also came to the conclusion that, assuming the measure is linked to other labour market policy interventions, which is aimed at employers that are willing to hire young unemployed people, it would be possible to improve the functionality and effectiveness of support for the unemployed through indirect measures.

2.
Economy Transdisciplinarity Cognition ; 24(2):65-71, 2021.
Article in English | ProQuest Central | ID: covidwho-1837172

ABSTRACT

The aim of this paper is to analyse the issues of the Bacau County labour market at the beginning of the post-pandemic period. We propose two hypotheses: the COVID-19 pandemic crisis decreases the number of jobs from Bacau County;the pandemic crisis increases the disparities on labour market. In order to find the answers at these hypotheses, we have structured this study in three chapters. Firstly, we will analyse the state of Bacau County labour market. Secondly, we will review the evolution of the Bacau County labour market between 20192021. Thirdly, we will analyse the trends of labour market at the beginning of the post-pandemic period.

3.
Journal of Economic and Social Development ; 9(1):10-18, 2022.
Article in English | ProQuest Central | ID: covidwho-1836718

ABSTRACT

The deterioration of the economic situation during Covid-19 has raised the issue of the quality of banks' assets and in particular the growth of non-performing loans (NPL). This is a topical issue not only for banks that, in this context, incur additional costs for allowances and capital requirements but also for society as a whole, as credit availability is likely to be reduced. The Baltic States experienced a particularly severe financial crisis in 2008-2009, resulting in a rapid increase in NPLs. This study analyses the factors affecting NPLs in the Baltic States, using information available from WB, Eurostat, and econometrical modeling methods. The results of the study allow conclusions to be drawn on the necessary actions to mitigate credit risk.

4.
ASM Science Journal ; 17, 2022.
Article in English | Scopus | ID: covidwho-1836532

ABSTRACT

COVID-19 triggered the downfall of global economies and heavily impacted the Malaysian tourism sector as the country’s borders were closed since March 2020. The decrease in number of tourists’ arrival into the nation caused huge losses for the tourism sector and unemployment rates have surged with more than 800,000 employees being out of employment and about 30 percent were for the hospitality and tourism sector. Although the government has provided numerous incentives and assistance to employers and employees from all sectors of the economy, the progress is rather slow, and it may take time to recover fully. One of the main challenges is the misfit of the employees who were retrenched as different knowledge, skills and abilities requirements are sought. Given this background, the paper provides avenues to rethink tourism talent management strategies post COVID-19 for the relevant stakeholders since the tourism sector is still seeing a surge in unemployment rates. This paper provides an up-to-date viewpoint in relation to COVID-19 and its spill over onto the Malaysian tourism sector while addressing the shift from ‘Person-Job-Fit’ towards a new norm ‘Talent-Job-Fit’ in managing tourism talent in order to create sustainable talent management within the sector © 2022, ASM Science Journal.All Rights Reserved.

5.
Buletin Ekonomi Moneter dan Perbankan ; 25:61-84, 2022.
Article in English | Scopus | ID: covidwho-1836261

ABSTRACT

This paper examines the effects of COVID-19 mitigation strategies and Economic Policy Uncertainty (EPU) on unemployment-rate over the period November 2019 to April 2021 for the 16 most severely COVID-19 affected countries. Our specific objectives are threefold: first, to examine the dynamic relationship between EPU and unemployment-rate;second, to analyze the extent to which government’s COVID-19 mitigation response affects the unemployment-rate;and third, to examine the effects of governments economic policies on the unemployment-rate through market indicators, such as the business and consumer confidence indices. We find that EPU increases fluctuations in unemployment for the COVID-19 affected countries, while governments’ vaccination drive significantly reduces it. Increases in government stringency aggravate unemployment in the informal sectors and enhances labor inequality. © 2022 The authors.

6.
Seguranca Alimentar e Nutricional ; 28(62), 2021.
Article in Portuguese | CAB Abstracts | ID: covidwho-1836195

ABSTRACT

This study aims to analyze the dynamics of the interface policies with food and nutrition in the context of the pandemic and its interferences in the scenario of Food and Nutrition Insecurity (InSAN). It is a documentary research in which it was listed as primary sources of data, documents available in institutional websites and texts published in journalistic media. Thus, it included: legislation and digital journalistic texts. After the exploratory reading of the documents, the following axes of analysis were delimited: Impacts of Constitutional Amendment no95/2016 in the current health crisis;food and nutrition policies during the pandemic and income transfer and unemployment programs. The results show that the current sanitary crisis aggravates the InSAN scenario, as the assistance actions are insufficient to attend the population in periods of public calamity. In addition to this scenario, the previous pandemic context, in which the necro politics of suppression of rights contributed to the worsening of social vulnerabilities, including the lack of access to food.

7.
Journal of Financial Counseling and Planning ; 33(1):140-155, 2022.
Article in English | ProQuest Central | ID: covidwho-1833857

ABSTRACT

We examined the association between financial knowledge overconfidence and the perception of emergency fund needs using the 2016 Survey of Consumer Finances (SCF) dataset. Only 28% of respondents reported a perceived amount of emergency funds needed that would cover at least three months of estimated spending. We conducted an OLS regression analysis on the log of the ratio of perceived emergency fund needs to household monthly expenditure. Overconfident respondents perceived a ratio 21.4% lower than those who had objective and subjective financial knowledge above median levels. Overconfident respondents might be underestimating emergency fund needs, suggesting the importance of not only increasing objective financial knowledge but also making consumers aware of the limitations of their financial knowledge.

8.
Journal of Economics and Development ; 24(2):98-111, 2022.
Article in English | ProQuest Central | ID: covidwho-1831690

ABSTRACT

Purpose>The paper investigates the relationship between credit to the economy, foreign direct investment (FDI) and the unemployment rate in Uzbekistan using macroeconomic time series over 2004–2019.Design/methodology/approach>The study estimates the relationship by applying a vector autoregression model, which is considered a “workhorse” model for policy analysis to capture dynamic relationships in economic time series.Findings>The results suggest both growth in credit to the economy and FDI Granger cause a change in the unemployment rate. The authors found 1% increase in bank credits to the economy growth decreases the unemployment rate by 0.096 pp. over eight years. On the contrary, 1% positive shock to FDI growth increases the unemployment rate by 0.0036% in the context of Uzbekistan.Practical implications>Uzbekistan should improve FDI absorptive capacity, particularly human capital and financial market development, through growth-enhancing structural reforms in the financial sector to stimulate economic growth and employment. The attracted FDI funds should focus on productive and economic sectors with high labor-absorptive capacity, such as financial and professional services, healthcare and biomedicine, creative industries and media, software sector.Originality/value>The study contributes to the empirical literature on employment effects of FDIs and credit to the economy of Uzbekistan.

9.
Embase; 2022.
Preprint in English | EMBASE | ID: ppcovidwho-335102

ABSTRACT

Objective: To examine the relationship between young adults’ labor force participation and depression in the context of the COVID-19 pandemic. Design, Setting, Participants: Data come from the nationally-representative EPICOV cohort study set up in France, and were collected in 2020 and 2021 (3 waves of online or telephone interviews) among 2217 participants aged 18-30 years. Participants with prior mental health disorder (n=50) were excluded from the statistical analyses. Results: Using Generalized Estimating Equation (GEE) models controlled for participants’ socio-demographic and health characteristics and weighted to be nationally-representative, we found that compared to young adults who were employed, those who were studying or unemployed were significantly more likely to experience depression assessed using the PHQ-9 (multivariate ORs respectively: OR: 1.29, 95% CI 1.05-1.60 and OR: 1.50, 1.13-1.99). Stratifying the analyses by age, we observed than unemployment was more strongly associated with depression among participants 25-30 years than among those who were 18-24 years (multivariate ORs respectively 1.78, 95% CI 1.17-2.71 and 1.41, 95% CI 0.96-2.09). Being out of the labor force was, to the contrary, more significantly associated with depression among participants 18-24 years (multivariate OR: 1.71, 95% CI 1.04-2.82, vs. 1.00, 95% CI 0.53-1.87 among participants 25-30 years). Stratifying the analyses by sex, we found no significant differences in the relationships between labor market characteristics and depression (compared to participants who were employed, multivariate ORs associated with being a student: men: 1.33, 95% CI 1.01-1.76;women: 1.19, 95% CI 0.85-1.67, multivariate ORs associated with being unemployed: men: 1.60, 95% CI 1.04-2.45;women: 1.47, 95% CI 1.01-2.15). Conclusions and relevance: Our study shows that in addition to students, young adults who are unemployed also experience elevated levels of depression in the context of the COVID-19 pandemic. These two groups should be the focus of specific attention in terms of prevention and mental health treatment. Supporting employment could also be a propitious way of reducing the burden of the Covid-19 pandemic on the mental health of young adults.

10.
SSRN; 2022.
Preprint in English | SSRN | ID: ppcovidwho-334469

ABSTRACT

In response to the COVID-19 pandemic, the U.S. government implemented the largest expansion in eligibility to federal Unemployment Insurance (UI) benefits in history through the creation of the Pandemic Unemployment Assistance (PUA) program. This program expanded eligibility to self-employed workers, gig workers, independent workers and others not previously eligible for UI or who were unable to work for a variety of COVID related reasons. Once implemented, the PUA program accounted for roughly 40 percent of total claims through expiration (Figure 1) and $80 Billion (20%) of the $400 Billion spent on UI expansions in 2020 (DOL IG, 2021). The PUA program officially ended on September 6, 2021, and 21 states opted to terminate the program in June or July of 2021. When the Omicron surge hit the U.S. in December 2021, it resulted in disruptions in dependent care, widespread quarantines, and a return of virtual school or school cancellations for many children. According to the U.S. Census Household Pulse Survey, the number of individuals who reported not working due to having or caring for someone with COVID-19 increased from 3 million in the first half of December 2021 to almost 9 million between December 29 2021 and January 10 2022, the highest level ever recorded by the survey. With PUA no longer in place in 2022, workers had fewer means of receiving income supports if they lost earnings as a result of these circumstances. What policy lessons can be learned from the “PUA experiment” for policymaking going forward? Specifically, the PUA program marked an important departure in the UI eligibility framework. States would normally rely on employers to verify whether a worker is ineligible for UI if they were fired for cause, did not respond to a recall, or started working in a new job. The PUA program enabled self-employed and other workers to become eligible for UI for many reasons beyond involuntary job loss. The central question when evaluating the PUA program – what was the tradeoff between expanding benefit eligibility versus work disincentive effects or overpayments, as compared to traditional UI recipients?

11.
20th International Conference on Informatics in Economy, IE 2021 ; 276:175-186, 2022.
Article in English | Scopus | ID: covidwho-1826276

ABSTRACT

The COVID-19 pandemic has caused several disruptions in almost all day-to-day matters around the world. In order to keep things under control, ever since the beginning authorities around the world imposed restrictions in relation to physical activities and therefore, organizations were forced to rethink the way they carry out professional activities. Thus, the majority of areas that were based on the physical interaction between people were severely impacted by these sets of measures. Unfortunately, a negative impact that the pandemic state has had over the fields that were based on physical work is that economic pressure has forced some of the entities to completely suspend their activity, leading to high rates of unemployment around the world, which also led to consistent financial efforts sustained by the government. Therefore, in order to come to relevant conclusions, we analyzed several datasets that offer insights over all aspects of the labor market around the world mainly before and during the pandemic period. We also computed a correlation matrix based on economic sectors to compare the effects in the labor market for various industries. © 2022, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

12.
Institute of Scientific Communications Conference, ISC 2021 ; 372:861-873, 2022.
Article in English | Scopus | ID: covidwho-1826192

ABSTRACT

The study is aimed at identifying specific features and patterns of unemployment development in the Russian regions of using a structural approach, as well as forming recommendations for overcoming them. The article analyzes the dynamics of official unemployment in the regions of Russia, and also reveals the load of the unemployed population registered with the employment service bodies per one declared vacancy. The trend of reducing the number of foreign citizens who have a valid work permit in the regions of Russia in the period 2010–2019 is revealed. The analysis of unemployment in the regions of Russia by gender, age and type of settlements is carried out. It is proved that the COVID-19 pandemic has significantly changed the emerging positive trends in the labor market and employment in the regions of Russia. Its negative impact was manifested in the growth of the official unemployment rate in most regions of Russia. The article identifies the key directions of state policy to overcome negative trends in the labor market and maintain employment. © 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.

13.
Sex Res Social Policy ; : 1-12, 2021 Nov 13.
Article in English | MEDLINE | ID: covidwho-1827225

ABSTRACT

INTRODUCTION: The unemployment rate in the US reached record highs during the COVID-19 pandemic, but little is known about the job loss experiences of lesbian, gay, bisexual, transgender, and queer (LGBTQ+) individuals, who are already economically disadvantaged due to structural and social inequities. METHODS: Cross-sectional data on unemployment due to COVID-19 were collected between May and July 2020 among 1090 individuals across the US through an online survey. RESULTS: Respondents who had been employed prior to COVID-19 formed the analytic sample (n = 990). Of these, 298 (27.3%) reported job loss or being furloughed due to COVID-19. When controlling for all other factors, we found statistically significant higher rates of unemployment among younger participants, HIV-positive individuals, men, Black and White non-Hispanic participants, those with less educational attainment, and those in multi-person homes. CONCLUSIONS: The employment of LGBTQ+ people has been undermined by COVID-19, but as with all populations, those with multiple minority identities, such as Black or HIV+ and LGBTQ+, have been most severely affected. POLICY IMPLICATIONS: LGBTQ+ populations in the US have experienced high levels of unemployment due to COVID-19. This study highlights the need for national data collection on sexual orientation and gender identity for unemployment as well as the need for substantive policies, such as expanding unemployment to assist in the economic recovery for populations most affected by COVID-19 and the Equality Act to offer further workplace protections.

14.
International Conference on Decision Aid Sciences and Application (DASA) ; 2021.
Article in English | Web of Science | ID: covidwho-1819812

ABSTRACT

Following the outbreak of the COVID-19 crisis, countries hurried to offer unprecedented levels of emergency support to keep companies afloat, protect jobs and incomes and prevent the economy from collapsing. The Kingdom of Bahrain has adopted a vast range of preventive measures aimed at ensuring social distancing. Schools closed, private and public organizations switched to remote working. The quick and urgent shift to remote working policy has an impact on public organizations. A national study carried out by the Bahrain Institute of Public Administration (BIPA) in 2020 identified undercover Unemployment which is low productivity among employees working from home (WFH). Similar observations were reported within the context of COVID-19 and were explained with specific characteristics of WFH and its emerging challenges. This study investigates the factors behind the (UU) in the public organizations during the pandemic. Moreover, it proposes managerial solutions to public organizations towards sustainability and advocacy during the pandemic. Qualitative study used 12 semi-directive interviews have been conducted with public organizations' employees working in ministries in the Kingdom of Bahrain. The findings of this study will provide insights on the different reasons for (UU) during the pandemic. The results can assist managers and public organizations design constructive strategies to improve employee's productivity and reduce (UU) during the pandemic.

15.
Journal of Environmental and Tourism Analyses ; 9(1):5-21, 2021.
Article in English | CAB Abstracts | ID: covidwho-1818608

ABSTRACT

In the last decades, Greek villages, especially in mountainous and remote areas, are gradually depopulated and suffer from youth out-migration, school closures and unemployment. During this COVID-19 outbreak, there is an increasing trend of villages as destinations for domestic tourism for short holidays or longer stays. At the same time, this pandemic leads to a significant increase of remote working practices. This article explores the prospect for the revival of traditional villages via an Albergo Diffuso (AD) model with adjustments for both visitors and temporary distance-working residents. The researchers analyze the AD concept as it has been employed in Italy, make minor adjustments to it, and investigate the applicability of such a model in order to overturn the current depopulation of rural and mountain villages in Greece and improve the wellbeing of the local communities. To this end, the researchers present a comprehensive SWOT analysis and discuss the findings. Our approach lays the groundwork for further research that is required to successfully implement AD in mountainous villages.

16.
Perspectives on Politics ; : 18, 2021.
Article in English | Web of Science | ID: covidwho-1815451

ABSTRACT

How do economic shocks and financial resilience shape civic engagement, especially for the economically insecure? I turn to the early months of the coronavirus pandemic for insights. In April 2020, with more than 23 million adults unemployed, the US government asked residents to participate in the constitutionally mandated decennial census. I test how variations in income shocks from the shutdown and sources of financial resilience predict disparities in census completion, a civic act designed to minimize participation barriers. First, I use nationally representative survey data to demonstrate that policies that protect the economically vulnerable from the full impacts of economic shocks also predict higher census completion rates. Then, I use Google Trends data to show that high unemployment search volume interacted with low resilience to predict depressed census completion. Findings shed light on how economic crises can widen participation gaps-with representation and resource consequences-and how policies that lessen acute economic shocks may reduce participation disparities.

17.
The Lancet Public Health ; 7(4):e301, 2022.
Article in English | EMBASE | ID: covidwho-1815337
18.
Natural Volatiles & Essential Oils ; 8(5):5574-5593, 2021.
Article in English | CAB Abstracts | ID: covidwho-1813114

ABSTRACT

For years, workers of an organization have strived to strengthen it and expand it with fresh concepts and strategies to accomplish new objectives. The layoff is, by definition, a spontaneous release from an institution, i.e. a compulsory resignation for certain purposes of employee categories, of permanent or temporary personnel (economic reasons, downsizing personal management). Outsourcing is a way of reducing costs and changing fixed costs to varying expenses for companies. It transfers work or researches to outside households, which lead to job losses. Finishing is a major business challenge, forced disconnected jobs and survivors. This sudden dismantling was triggered by the economic depression, which increased with corruption by governments. The COVID-19 spread around the world is further overcome day by day. When the layoff is mass, companies may notify the workers of the reasons for the reduction. Some hospitals issued departed personnel a warning for clarifying things and preparing the workers even though they could do serious harm. This form of warning illustrates a pandemic COVID-19 by delivering unemployment until layoffs explain the financial downturn for workers. Certain hospitals and organizations offer warning without consideration about the discharged workers on the same day. Moreover, this existed in tiny clinics, where there were not very significant layoffs. Substantial government institutions, including A.U.B.M.C., B.M.G. and other hospitals, prefer cuts as a remedy. This research aims to determine the effect of forced termination health care institutions on survivors' effectiveness, performance, quality of service, and relational results.

19.
CIRIEC - Espana ; - (104):203-231, 2022.
Article in Spanish | ProQuest Central | ID: covidwho-1811203

ABSTRACT

La crisis de salud provocada por la pandemia covid-19 ha afectado de forma global a toda la población mundial y las consecuencias de la misma han sido diferentes en cada país. Como era de esperar, la población más vulnerable ha sufrido las consecuencias más devastadoras con respecto a la salud, desempleo o incremento de la desigualdad. En algunos países la economía informal ha pasado a ser superior a la economía formal. La Economía Social y Solidaria (en adelante ESS) también ha sufrido las consecuencias provocadas por la covid-19, pero también ha sido respuesta a las múltiples situaciones que se han producido en todos los países. El objetivo de este trabajo es examinar el papel de la ESS a nivel internacional atendiendo a dos cuestiones: una, examinar las respuestas de la ESS a la crisis provocada por la pandemia covid-19 y dos, analizar el papel de la ESS en la futura recuperación social y económica. Para ello, se realiza un análisis comparado de las respuestas, estrategias y papel de la ESS en diferentes territorios, Quebec, Colombia y España.Alternate :The health crisis caused by the covid-19 pandemic has affected the entire world population globally and the consequences have been different in each country. Predictably, the most vulnerable populations have suffered the most devastating consequences in terms of health, unemployment and increased inequality. In some countries the informal economy has become larger than the formal economy. The Social and Solidarity Economy (hereafter SSE) has also suffered the consequences caused by covid-19, but it has also been a response to the multiple situations that have occurred in all countries. The aim of this paper is to examine the role of the SSE at the international level by looking at two issues: one, to examine the responses of the SSE to the crisis caused by the covid-19 pandemic and two, to analyse the role of the SSE in future social and economic recovery. To this end, a comparative analysis is made of the responses, strategies and role of the social economy in different territories, Quebec, Colombia and Spain.

20.
Social Sciences ; 11(4):155, 2022.
Article in English | ProQuest Central | ID: covidwho-1810123

ABSTRACT

Mass migration and people seeking political refuge are critical social issues facing Latin America. Ecuador has the largest population of recognized refugees in the region. Youths from a migration background have an increased risk of becoming NEET (Young people not in employment, education, or training). Such youths struggle more with mental health problems than non-NEET peers. Being a refugee, NEET further increases the risk of having mental health problems and may be linked to lower cognitive functioning, which could maintain exclusion and unemployment. This intervention study was performed with a group of young people of different nationalities who were refugees or belonged to other vulnerable groups attending a six-week employability-support intervention in Ecuador. In order to assess the impact of the intervention, a range of measures of executive cognitive function, mental health, and the potential for positive change were used. We found that post-intervention, the group reported significantly less psychological distress and better self-esteem, self-efficacy, and cognitive response inhibition than before the intervention. We conclude that multicomponent interventions may effectively improve the psychological functioning of vulnerable NEET groups in the Latin American context.

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