Short-time work carries long-term consequences

Article reports that an estimated 2.4m workers participated on a variety of short-time work schemes across a dozen European Union countries in 2009.

However, there are rising concerns about the side-effects of short-time work, including a distortion of the underlying labour market.

All are waiting to see how labour markets fare in countries that used short-time work heavily – Germany, France and the Netherlands – compared with those that did not, including the UK and US.

ESO: Background information: Eurozone feels benefit of short-time work schemes http://www.europeansources.info/record/eurozone-feels-benefit-of-short-time-work-schemes/

ESO: Background information: Short-time work brings long-term benefit http://www.europeansources.info/record/short-time-work-brings-long-term-benefit/

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