Causes and Impacts of Job Displacements and Public Policy Responses

Across the globe, both cyclical downturns and structural changes episodically eliminate substantial numbers of jobs and in the process create serious dislocations. For instance, the rise in joblessness because of the ongoing COVID-19 crisis is proj...

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Main Author:	Schmillen, Achim D.
Format:	Policy Note
Language:	English
Published:	World Bank, Washington, DC 2020
Subjects:	CORONAVIRUS COVID-19 PANDEMIC RESPONSE UNEMPLOYMENT JOB DISPLACEMENT LABOR MARKET LABOR POLICY PUBLIC POLICY SOCIAL ASSISTANCE INCOME SUPPORT SUBSIDIES BUSINESS SUPPORT SELF-EMPLOYMENT
Online Access:	http://documents.worldbank.org/curated/en/621601588770464452/Causes-and-Impacts-of-Job-Displacements-and-Public-Policy-Responses http://hdl.handle.net/10986/33720

id	okr-10986-33720
recordtype	oai_dc
spelling	okr-10986-337202021-09-16T18:27:37Z Causes and Impacts of Job Displacements and Public Policy Responses Schmillen, Achim D. CORONAVIRUS COVID-19 PANDEMIC RESPONSE UNEMPLOYMENT JOB DISPLACEMENT LABOR MARKET LABOR POLICY PUBLIC POLICY SOCIAL ASSISTANCE INCOME SUPPORT SUBSIDIES BUSINESS SUPPORT SELF-EMPLOYMENT Across the globe, both cyclical downturns and structural changes episodically eliminate substantial numbers of jobs and in the process create serious dislocations. For instance, the rise in joblessness because of the ongoing COVID-19 crisis is projected to be extraordinarily steep. As a response to job displacements, governments have implemented a range of measures to financially compensate displaced workers, assist them in finding reemployment, or both. The challenges should not be minimized: job losses have significant economic as well as social and psychological consequences; laid-off workers often lack the skills or geographic proximity to easily transfer to sectors that are growing; and providing adequate support can be expensive. Nonetheless, careful public policy responses can help mitigate the costs of job displacements and support workers in finding productive reemployment. 2020-05-08T14:16:58Z 2020-05-08T14:16:58Z 2020-05-07 Policy Note http://documents.worldbank.org/curated/en/621601588770464452/Causes-and-Impacts-of-Job-Displacements-and-Public-Policy-Responses http://hdl.handle.net/10986/33720 English Research and Policy Brief;No. 33 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Policy Note
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	CORONAVIRUS COVID-19 PANDEMIC RESPONSE UNEMPLOYMENT JOB DISPLACEMENT LABOR MARKET LABOR POLICY PUBLIC POLICY SOCIAL ASSISTANCE INCOME SUPPORT SUBSIDIES BUSINESS SUPPORT SELF-EMPLOYMENT
spellingShingle	CORONAVIRUS COVID-19 PANDEMIC RESPONSE UNEMPLOYMENT JOB DISPLACEMENT LABOR MARKET LABOR POLICY PUBLIC POLICY SOCIAL ASSISTANCE INCOME SUPPORT SUBSIDIES BUSINESS SUPPORT SELF-EMPLOYMENT Schmillen, Achim D. Causes and Impacts of Job Displacements and Public Policy Responses
relation	Research and Policy Brief;No. 33
description	Across the globe, both cyclical downturns and structural changes episodically eliminate substantial numbers of jobs and in the process create serious dislocations. For instance, the rise in joblessness because of the ongoing COVID-19 crisis is projected to be extraordinarily steep. As a response to job displacements, governments have implemented a range of measures to financially compensate displaced workers, assist them in finding reemployment, or both. The challenges should not be minimized: job losses have significant economic as well as social and psychological consequences; laid-off workers often lack the skills or geographic proximity to easily transfer to sectors that are growing; and providing adequate support can be expensive. Nonetheless, careful public policy responses can help mitigate the costs of job displacements and support workers in finding productive reemployment.
format	Policy Note
author	Schmillen, Achim D.
author_facet	Schmillen, Achim D.
author_sort	Schmillen, Achim D.
title	Causes and Impacts of Job Displacements and Public Policy Responses
title_short	Causes and Impacts of Job Displacements and Public Policy Responses
title_full	Causes and Impacts of Job Displacements and Public Policy Responses
title_fullStr	Causes and Impacts of Job Displacements and Public Policy Responses
title_full_unstemmed	Causes and Impacts of Job Displacements and Public Policy Responses
title_sort	causes and impacts of job displacements and public policy responses
publisher	World Bank, Washington, DC
publishDate	2020
url	http://documents.worldbank.org/curated/en/621601588770464452/Causes-and-Impacts-of-Job-Displacements-and-Public-Policy-Responses http://hdl.handle.net/10986/33720
_version_	1764479371637161984

Causes and Impacts of Job Displacements and Public Policy Responses

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