Employment Recovery in Europe and Central Asia

Despite high unemployment in most Eastern Europe and Central Asia (ECA) countries, people have not withdrawn from the labor market but continue to actively look for jobs.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, part...

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Main Authors:	Koettl, Johannes, Oral, Isil, Santos, Indhira
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2012
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
Online Access:	http://documents.worldbank.org/curated/en/2011/06/14428977/employment-recovery-europe-central-asia http://hdl.handle.net/10986/10090

id	okr-10986-10090
recordtype	oai_dc
spelling	okr-10986-100902021-04-23T14:02:48Z Employment Recovery in Europe and Central Asia Koettl, Johannes Oral, Isil Santos, Indhira 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 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. 2012-08-13T10:23:30Z 2012-08-13T10:23:30Z 2011-06 http://documents.worldbank.org/curated/en/2011/06/14428977/employment-recovery-europe-central-asia http://hdl.handle.net/10986/10090 English Europe and Central Asia Knowledge Brief; Special Issue No. 1 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Europe and Central Asia
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	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
spellingShingle	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 Koettl, Johannes Oral, Isil Santos, Indhira Employment Recovery in Europe and Central Asia
geographic_facet	Europe and Central Asia
relation	Europe and Central Asia Knowledge Brief; Special Issue No. 1
description	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.
format	Publications & Research :: Brief
author	Koettl, Johannes Oral, Isil Santos, Indhira
author_facet	Koettl, Johannes Oral, Isil Santos, Indhira
author_sort	Koettl, Johannes
title	Employment Recovery in Europe and Central Asia
title_short	Employment Recovery in Europe and Central Asia
title_full	Employment Recovery in Europe and Central Asia
title_fullStr	Employment Recovery in Europe and Central Asia
title_full_unstemmed	Employment Recovery in Europe and Central Asia
title_sort	employment recovery in europe and central asia
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2011/06/14428977/employment-recovery-europe-central-asia http://hdl.handle.net/10986/10090
_version_	1764411793718902784

Employment Recovery in Europe and Central Asia

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