Preparing ERTE for the Future An Evaluation of Job Retention Support in Spain During the COVID-19 Pandemic

Preparing ERTE for the Future An Evaluation of Job Retention Support in Spain During the COVID-19 Pandemic
Author: OECD
Publisher: OECD Publishing
Total Pages: 103
Release: 2024-10-30
Genre:
ISBN: 9264527117

This report provides a detailed assessment of job retention support (ERTE) in Spain during the COVID-19 crisis. It provides three major insights. First, job retention support in Spain has been transformed from a little used and difficult to access scheme before the COVID-19 crisis to a scheme that can be scaled up quickly in response to a major economic downturn and be phased out easily as economic conditions recover. Second, the use of ERTE was stronger in regions, industries and occupations most affected by the COVID-19 crisis, suggesting support was effectively targeted to firms and workers that needed it most. Third, job retention was highly effective in supporting employment during the COVID-19 crisis. It not only prevented a major surge in unemployment but also avoided that the labour market became congested with too many job seekers competing for too few job vacancies. The labour market reform of December 2021 consolidated many of the important changes that made job retention support so successful during the COVID-19 crisis and in addition introduced a specific mechanism that allows scaling up support in the case of large adverse shocks.

Reviving Broadly Shared Productivity Growth in Spain

Reviving Broadly Shared Productivity Growth in Spain
Author: OECD
Publisher: OECD Publishing
Total Pages: 100
Release: 2024-06-05
Genre:
ISBN: 9264651608

Spain has been confronted with weak wage and productivity growth for several decades. This report provides an overview of the role that labour market policies as well as other policies can play in reviving broadly shared productivity growth in Spain. To set the scene, it starts with documenting the decline in broadly shared productivity growth and its underlying mechanisms.

Masterpieces of Swiss Entrepreneurship

Masterpieces of Swiss Entrepreneurship
Author: Jean-Pierre Jeannet
Publisher: Springer Nature
Total Pages: 579
Release: 2021-04-21
Genre: Business & Economics
ISBN: 3030652874

This open access book focuses on Switzerland-based medium-sized companies with a longstanding export tradition and a proven dominance in global niche markets. Based upon in-depth documentation and analysis of 36 Swiss companies over their entire history, an expert team of authors presents several parallels in the pathways and success factors which allowed these firms to become dominant and operate from a high-cost location such as Switzerland. The book enhances these insights by providing detailed company profiles documenting the company history, development, and how their relevant global niche positions were reached. Readers will benefit from these profiles as they compile a diverse selection of industries, mainly active within the B2B sector, with mostly mature companies (60 years to older than 100 years since founding) and different types of ownership structures including family firms. ‘Masterpieces of Swiss Entrepreneurship’ brings unique learning opportunities to owners and leaders of SMEs in Switzerland and elsewhere. Findings are based on detailed bottom-up research of 36 companies -- without any preconceived notions. The book is both conceptual and practical. It fosters understanding for different choices in development pathways and management practices. Matti Alahuhta, Chairman DevCo Partners, ex-CEO Kone, Board member of several global listed companies, Helsinki, Finland Start-up entrepreneurs need proven models from industry which demonstrate the various paths to success. “Masterpieces of Swiss Entrepreneurship” provides deep insights highlighting these models and the important trade-offs entrepreneurial teams must consider when choosing the path of high growth or of maximum control, as they are often mutually exclusive. Gina Domanig, Managing Partner, Emerald Technology Ventures, Zurich

OECD Employment Outlook 2021 Navigating the COVID-19 Crisis and Recovery

OECD Employment Outlook 2021 Navigating the COVID-19 Crisis and Recovery
Author: OECD
Publisher: OECD Publishing
Total Pages: 404
Release: 2021-07-07
Genre:
ISBN: 9264340335

The 2021 edition of the OECD Employment Outlook focusses on the labour market implications of the COVID‐19 crisis. Chapters 1-3 concentrate on the main labour market and social challenges brought about by the crisis and the policies to address them.

EIB Investment Report 2020/2021

EIB Investment Report 2020/2021
Author: European Investment Bank
Publisher: European Investment Bank
Total Pages: 591
Release: 2021-02-04
Genre: Business & Economics
ISBN: 9286148127

The Europe Union's massive efforts to rebuild after the coronavirus pandemic present a unique opportunity to transform its economy, making it more green and digital – and ultimately more competitive. The Investment Report 2020-2021 looks at the toll the pandemic took on European firms' investment and future plans, as well as their efforts to meet the demands of climate change and the digital revolution. The report's analysis is based on a unique set of databases and data from a survey of 12 500 firms conducted in the summer of 2020, in the midst of the COVID-19 crisis. While providing a snapshot of the heavy toll the pandemic took on some forms of investment, the report also offers hope by pointing out the economic areas in which Europe remains strong, such as technologies that combine green and digital innovation.

Short Time Working Arrangements as Response to Cyclical Fluctuations

Short Time Working Arrangements as Response to Cyclical Fluctuations
Author: Alfonso Arpaia
Publisher:
Total Pages: 124
Release: 2010
Genre: Business cycles
ISBN:

Reviews and discusses the main characteristics of short-time schemes available in the EU. Highlights the risk that a prolonged use of short-time work supports the demand of declining sectors, eventually delaying their restructuring, especially when the costs of labour reallocation are low and the incentives to restructure high, because the opportunity costs of foregone output is lower in recessions than in booms.

The Oxford Handbook of Job Loss and Job Search

The Oxford Handbook of Job Loss and Job Search
Author: Ute-Christine Klehe PhD
Publisher: Oxford University Press
Total Pages: 633
Release: 2018-05-08
Genre: Psychology
ISBN: 0190903503

Job search is and always has been an integral part of people's working lives. Whether one is brand new to the labor market or considered a mature, experienced worker, job seekers are regularly met with new challenges in a variety of organizational settings. Edited by Ute-Christine Klehe and Edwin A.J. van Hooft, The Oxford Handbook of Job Loss and Job Search provides readers with one of the first comprehensive overviews of the latest research and empirical knowledge in the areas of job loss and job search. Multidisciplinary in nature, Klehe, van Hooft, and their contributing authors offer fascinating insight into the diverse theoretical and methodological perspectives from which job loss and job search have been studied, such as psychology, sociology, labor studies, and economics. Discussing the antecedents and consequences of job loss, as well as outside circumstances that may necessitate a more rigorous job hunt, this Handbook presents in-depth and up-to-date knowledge on the methods and processes of this important time in one's life. Further, it examines the unique circumstances faced by different populations during their job search, such as those working job-to-job, the unemployed, mature job seekers, international job seekers, and temporary employed workers. Job loss and unemployment are among the worst stressors individuals can encounter during their lifetimes. As a result, this Handbook concludes with a discussion of the various types of interventions developed to aid the unemployed. Further, it offers readers important insights and identifies best practices for both scholars and practitioners working in the areas of job loss, unemployment, career transitions, outplacement, and job search.

The Technology Trap

The Technology Trap
Author: Carl Benedikt Frey
Publisher: Princeton University Press
Total Pages: 488
Release: 2020-09-22
Genre: Business & Economics
ISBN: 0691210799

From the Industrial Revolution to the age of artificial intelligence, Carl Benedikt Frey offers a sweeping account of the history of technological progress and how it has radically shifted the distribution of economic and political power among society's members. As the author shows, the Industrial Revolution created unprecedented wealth and prosperity over the long run, but the immediate consequences of mechanization were devastating for large swaths of the population.These trends broadly mirror those in our current age of automation. But, just as the Industrial Revolution eventually brought about extraordinary benefits for society, artificial intelligence systems have the potential to do the same. Benedikt Frey demonstrates that in the midst of another technological revolution, the lessons of the past can help us to more effectively face the present. --From publisher description.