Labour market resilience: The role of structural and macroeconomic policies

Organisation for Economic Co-operation and Development2026-04-11 收录

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This paper provides an overview of labour market resilience in the wake of the Great Recession of 2008-09 and the role played by macroeconomic and structural policies. The OECD unemployment rate has returned to close to its pre-crisis level, but the unemployment cost of the Great Recession has nonetheless been very large and long-lasting in many...