Forty years of productivity and labour market resilience in European regions:
To mark the 40th anniversary of the OECD Local Employment and Economic Development (LEED) Programme, this paper examines determinants and consequences of employment resilience, or lack of, in European NUTS3/TL3/TL3 regions over the last 40 years. Descriptive evidence shows that the least resilient r...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
2024
|
| Series: | OECD Local Economic and Employment Development (LEED) Papers
no.2024/08 |
| Subjects: | |
| Online Access: | DE-862 DE-863 |
| Summary: | To mark the 40th anniversary of the OECD Local Employment and Economic Development (LEED) Programme, this paper examines determinants and consequences of employment resilience, or lack of, in European NUTS3/TL3/TL3 regions over the last 40 years. Descriptive evidence shows that the least resilient regions (those with the largest percentage drop in employment during a recession) slip to persistently lower post-recession employment-to-population ratio trajectories. On the other hand, regions with higher productivity pre-recession lost proportionally fewer jobs during a recession and were more likely to recover to the pre-recession employment levels (except for the recession induced by the COVID-19 pandemic). Overall, the findings point to the ability of productivity to serve as a shield against negative employment impacts of economic crises. |
| Physical Description: | 1 Online-Ressource (49 Seiten) 21 x 28cm. |
Staff View
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| series2 | OECD Local Economic and Employment Development (LEED) Papers |
| spelling | Tsvetkova, Alexandra VerfasserIn aut Forty years of productivity and labour market resilience in European regions Alexandra, Tsvetkova Paris OECD Publishing 2024 1 Online-Ressource (49 Seiten) 21 x 28cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Local Economic and Employment Development (LEED) Papers no.2024/08 To mark the 40th anniversary of the OECD Local Employment and Economic Development (LEED) Programme, this paper examines determinants and consequences of employment resilience, or lack of, in European NUTS3/TL3/TL3 regions over the last 40 years. Descriptive evidence shows that the least resilient regions (those with the largest percentage drop in employment during a recession) slip to persistently lower post-recession employment-to-population ratio trajectories. On the other hand, regions with higher productivity pre-recession lost proportionally fewer jobs during a recession and were more likely to recover to the pre-recession employment levels (except for the recession induced by the COVID-19 pandemic). Overall, the findings point to the ability of productivity to serve as a shield against negative employment impacts of economic crises. Urban, Rural and Regional Development Industry and Services |
| spellingShingle | Tsvetkova, Alexandra Forty years of productivity and labour market resilience in European regions Urban, Rural and Regional Development Industry and Services |
| title | Forty years of productivity and labour market resilience in European regions |
| title_auth | Forty years of productivity and labour market resilience in European regions |
| title_exact_search | Forty years of productivity and labour market resilience in European regions |
| title_full | Forty years of productivity and labour market resilience in European regions Alexandra, Tsvetkova |
| title_fullStr | Forty years of productivity and labour market resilience in European regions Alexandra, Tsvetkova |
| title_full_unstemmed | Forty years of productivity and labour market resilience in European regions Alexandra, Tsvetkova |
| title_short | Forty years of productivity and labour market resilience in European regions |
| title_sort | forty years of productivity and labour market resilience in european regions |
| topic | Urban, Rural and Regional Development Industry and Services |
| topic_facet | Urban, Rural and Regional Development Industry and Services |
| work_keys_str_mv | AT tsvetkovaalexandra fortyyearsofproductivityandlabourmarketresilienceineuropeanregions |