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Unemployment and unemployment compensation from a global perspective

Wayne Vroman and Vera Brusentsev

Discussion Papers, Research Unit: Labor Market Policy and Employment from WZB Berlin Social Science Center

Abstract: The purpose of this paper is to summarize the presence and importance of Unemployment Compensation in the world today. Summary measures are developed built-up from country-specific detail, and aggregated for the major regions of the world. The paper also summarizes key details about the measurement of unemployment in labor force surveys. After all, it is the volume of unemployment that is crucial in assessing the performance of UC programs: how capable is a country's UC program in providing short term protection to its citizens against the loss of earnings and income due to unemployment?

Date: 2006
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