Unemployment and labor market policies

Lukas Lehner and Dennis Tamesberger

Chapter 6 in Handbook of Social Infrastructure, 2024, pp 122-143 from Edward Elgar Publishing

Abstract: This chapter provides a conceptual overview of social infrastructure targeted at unemployment and labor markets. Its main purpose is to categorize existing pillars of labor market policy and to illustrate them with cross-national comparisons across a representative sample of advanced economies. The first section classifies the pillars of social infrastructure for labor markets embedded in macro and structural policy areas. The section further distinguishes between passive and active elements of unemployment support as well as institutions regulating labor markets, in particular employment protection legislation and wage-setting. The second section illustrates the conceptual pillars of social infrastructure with cross-national comparisons. It introduces the reader to a comprehensive set of harmonized data for advanced economies. The final section outlines challenges ahead to show the potential of evolving social infrastructure: strengthening inclusion, maintaining incomes, promoting health, improving working conditions, and actively supporting structural change especially in light of pressing climate change challenges.

Keywords: Economics and Finance; Geography; Sociology and Social Policy; Urban and Regional Studies (search for similar items in EconPapers)
Date: 2024
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