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Under-employment: A crisis hangover, or something more?

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  • Duncan MacDonald

    (OECD)

Abstract

This paper examines how the increase in under-employment since the financial crisis stems from both cyclical and structural factors, notably the gradual shift of employment toward more demand-driven service sectors. The increase in under-employment has disproportionately affected young, female and low-skilled workers, meaning that they face lower wage growth, particularly at the bottom of the income distribution.

Suggested Citation

  • Duncan MacDonald, 2019. "Under-employment: A crisis hangover, or something more?," OECD Social, Employment and Migration Working Papers 234, OECD Publishing.
  • Handle: RePEc:oec:elsaab:234-en
    DOI: 10.1787/47123848-en
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    More about this item

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand

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