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Labour Market Development During the Financial Market and Economic Crisis

Author

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  • Helmut Mahringer

    (WIFO)

Abstract

From about the end of 2008, the financial and economic crisis has been increasingly mirrored in substantial job losses and a massive rise in unemployment. At the start of the downturn it was mainly the young and male workers in manufacturing who were affected. With the doldrums continuing, the labour market problems are swamping ever larger categories of workers. Labour market policy is responding by deploying both new and newly adapted tools. Combined with a major injection of funds this has mitigated job losses as well as the rise in unemployment.

Suggested Citation

  • Helmut Mahringer, 2010. "Labour Market Development During the Financial Market and Economic Crisis," Austrian Economic Quarterly, WIFO, vol. 15(1), pages 109-120, April.
    • Handle: RePEc:wfo:wquart:y:2010:i:1:p:109-120
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    Citations

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    Cited by:

    1. Stefano Sacchi & Federico Pancaldi & Claudia Arisi, 2011. "The Economic Crisis as a Trigger of Convergence? Short-time work in Italy, Germany and Austria," Carlo Alberto Notebooks 199, Collegio Carlo Alberto.
    2. Josef Baumgartner & Serguei Kaniovski & Hans Pitlik & Margit Schratzenstaller & Thomas Url, 2011. "Exports Drive Growth – Domestic Demand Remains Subdued. Medium-term Projections for the Austrian Economy until 2015," Austrian Economic Quarterly, WIFO, vol. 16(1), pages 21-34, March.
    3. Karl Aiginger & Hans Pitlik & Margit Schratzenstaller, 2010. "Options for the Consolidation of Public Budgets in Austria," Austrian Economic Quarterly, WIFO, vol. 15(2), pages 184-197, July.

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