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    IZA World of Labor is an online platform that provides policy analysts, journalists, academics and society generally with relevant and concise information on labor market issues. Based on the latest research, it provides current thinking on labor markets worldwide in a clear and accessible style. IZA World of Labor aims to support evidence-based policy making and increase awareness of labor market issues.

    View our content on Covid-19—Pandemics and the labor market 

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    Lisa Dettling

    Current cohorts of young adults entered adulthood during an international labor and housing market crisis of a severity not experienced since the Great Depression. Concerns have arisen over the impacts on young adults’ employment, income, wealth, and living arrangements, and about whether these young adults constitute a “scarred generation” that will suffer permanent contractions in financial well-being. If true, knowing the mechanisms through which young adults’ finances have been affected has important implications for policy measures that could improve the financial well-being of today’s young adults in the present and future.

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      • Program evaluation
      • Data and methods

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      R. Jason Faberman, July 2024
      When hiring new workers, employers use a wide variety of different recruiting methods in addition to posting a vacancy announcement, such as adjusting education, experience, or technical requirements, or offering higher wages. The intensity with which employers make use of these alternative methods can vary widely depending on a firm’s performance and with the business cycle. In fact, persistently low recruiting intensity partly helps to explain the sluggish pace of job growth in the US economy following the Great Recession, and the historically subpar wage growth during the subsequent expansion.
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      • Program evaluation
      • Behavioral and personnel economics
      • Education and human capital

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      Firm-sponsored training benefits both workers and firms through higher wages, increased productivity and innovation

      Benoit Dostie, July 2024
      Workers participating in firm-sponsored training receive higher wages as a result. But given that firms pay the majority of costs for training, shouldn’t they also benefit? Empirical evidence shows that this is in fact the case. Firm-sponsored training leads to higher productivity levels and increased innovation, both of which benefit the firm. Training can also be complementary to, and enhance, other types of firm investment, particularly in physical capital, such as information and communication technology (ICT), and in organizational capital, such as the implementation of high-performance workplace practices.
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      • Behavioral and personnel economics

      Bonuses and performance evaluations

      在线伕理服务器免费网页版

      Dirk Sliwka, July 2024
      Economists have for a long time argued that performance-based bonuses raise performance. Indeed, many firms use bonuses tied to individual performance to motivate their employees. However, there has been heated debate among human resources professionals recently, and some firms have moved away from individual performance bonuses toward fixed wages only or collective performance incentive schemes such as profit-sharing or team incentives. The appropriate approach depends on each company's unique situation, and managers need to realize that individual bonus plans are not a panacea to motivate employees.
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      • Labor markets and institutions

      Labor market performance and the rise of populism

      Automation, globalization, and crisis-driven spikes in unemployment have contributed to rising populism in advanced economies

      在线伕理服务器免费网页版, July 2024
      The recent rise of populism in advanced economies reveals major voter discontent. To effectively respond to voters’ grievances, researchers and policymakers need to understand their drivers. Recent empirical research shows that these drivers include both long-term trends (job polarization due to automation and globalization) and the rise in unemployment due to the recent global financial crisis. These factors have undermined public trust in the political establishment and have contributed to increased governmental representation for anti-establishment parties.
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      在线伕理服务器免费网页版, The Telegraph, Sky News, The Guardian

      Friday news roundup July 31, 2024

      Europe is facing a "lost generation" and the National Food Strategy in the UK is calling on the government to expand free school meals. Here's a snapshot of some of the news stories you may have missed this week.

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      The Guardian

      Women bear the brunt of childcare and home schooling during the coronavirus pandemic

      British women spent more than twice as much time as men on their children’s home schooling and development during the Covid-19 lockdown.
    • Jul 28, 2024
      The Washington Post

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    • Jul 24, 2024
      The Guardian, The BBC, The BBC

      Friday news roundup July 24, 2024

      Warehouse workers at Sports Direct paid less than minimum wage and Dyson cuts 900 jobs globally due to Covid-19 impact. Here's a snapshot of some of the news stories you may have missed this week.
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      Pricing the lives saved by coronavirus policies

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      Christopher J. Ruhm

      Health effects of the coronavirus recession

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      Simon Burgess, Hans Sievertsen

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    events
    • Aug 20, 2024 - Aug 21, 2024

      Cedefop, Eurofound and IZA Conference on Workplace and Management Practices

      Dublin, Ireland

      The aim of the conference is to bring together researchers studying organisational issues from an international comparative perspective. Contributions based on all sources of enterprise data are welcomed.

    • Sep 03, 2024 - Sep 04, 2024

      3rd IZA / World Bank / NJD/UNU-WIDER 2024 Jobs and Development Conference

      Warsaw, Poland

      Following the success of the 2016, 2018 and 2024 Jobs and Development Conferences in Washington DC and Bogotá, the World Bank, IZA (Institute of Labor Economics) the Network on Jobs and Development and UNU-WIDER are organizing a follow up conference in 2024.

    • Sep 11, 2024 - Sep 12, 2024

      IZA Workshop on Labor Market Institutions

      Bonn, Germany

      The aim of the meeting is to bring together senior and junior researchers to discuss their most recent research related to labor market institutions.

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