OECD Social, Employment and Migration Working Papers

This series is designed to make available to a wider readership selected labour market, social policy and migration studies prepared for use within the OECD. Authorship is usually collective, but principal writers are named. The papers are generally available only in their original language - English or French - with a summary in the other.

English, French


A crisis hangover, or something more?

This paper examines how the increase in under-employment since the financial crisis stems from both cyclical and structural factors, notably the gradual shift of employment toward more demand-driven service sectors. The increase in under-employment has disproportionately affected young, female and low-skilled workers, meaning that they face lower wage growth, particularly at the bottom of the income distribution.


JEL: E32: Macroeconomics and Monetary Economics / Prices, Business Fluctuations, and Cycles / Business Fluctuations; Cycles; J23: Labor and Demographic Economics / Demand and Supply of Labor / Labor Demand; J22: Labor and Demographic Economics / Demand and Supply of Labor / Time Allocation and Labor Supply
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