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Trends in unemployment and emigration of labor force

Author

Listed:
  • Sergej Vojtovic

    () (Alexander Dubcek University in Trencin)

  • Marcel Kordos

    () (Alexander Dubcek University in Trencin)

Abstract

The situation on the labour market can be influenced by other factors apart from economic development. Equally as important are political decisions, qualification of labor force, its values and attitudes, flexibility of labour jurisdiction and flexible forms of employment, demographic swings in population, employee relations and social aspects within their implementation. The study explores trends in economic development, unemployment and in the migration flow of labor force abroad during the period of economic growth before the onset of global financial crisis. Geographically it covers countries of Central Europe. We look into causal dependence between economic growth, decrease in unemployment rate and migration flows of labor force. Moreover we argue that a significant drop of unemployment rate during the studied period was not predominantly the result of economic growth but it was caused by emigration of labor force.

Suggested Citation

  • Sergej Vojtovic & Marcel Kordos, 2016. "Trends in unemployment and emigration of labor force," Proceedings of Economics and Finance Conferences 3205864, International Institute of Social and Economic Sciences.
  • Handle: RePEc:sek:iefpro:3205864
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    File URL: https://iises.net/proceedings/5th-economics-finance-conference-miami/table-of-content/detail?cid=32&iid=028&rid=5864
    File Function: First version, 2016
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    References listed on IDEAS

    as
    1. Thanh Le, 2008. "‘Brain Drain’ Or ‘Brain Circulation’: Evidence From Oecd'S International Migration And R&D Spillovers," Scottish Journal of Political Economy, Scottish Economic Society, vol. 55(5), pages 618-636, November.
    2. Baccaro, Lucio & Rei, Diego, 2007. "Institutional Determinants of Unemployment in OECD Countries: Does the Deregulatory View Hold Water?," International Organization, Cambridge University Press, vol. 61(3), pages 527-569, July.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    economic growth; investments; employment; unemployment; emigration; labor force.;

    JEL classification:

    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion

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