End the Recruitment Crisis!

Abstract In contrast to the economic and financial crisis of 2009, the labour market has been hit harder during the coronavirus crisis in 2020. New hires have declined substantially, which may lead to persistent unemployment and a “generation COVID-19” of graduates. Employment subsidies would be a s...

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Bibliographic Details
Main Authors: Christian Merkl, Enzo Weber
Format: Article
Language:deu
Published: Springer 2020-07-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-020-2698-z
Description
Summary:Abstract In contrast to the economic and financial crisis of 2009, the labour market has been hit harder during the coronavirus crisis in 2020. New hires have declined substantially, which may lead to persistent unemployment and a “generation COVID-19” of graduates. Employment subsidies would be a suitable measure to stabilise the economy and the labour market and to reduce these risks at an early stage.
ISSN:0043-6275
1613-978X