Unemployment in Switzerland in the wake of the Covid-19 pandemic: an intertemporal perspective

Swiss Journal of Economics and Statistics

George Sheldon¹ 

[1]Economics Department, University of Basel, Basel, Switzerland

关键词: Unemployment;    Incidence;    Duration;    Covid-19;    Switzerland;   

DOI  :  10.1186/s41937-020-00058-6

来源: Springer

【 摘 要 】

The following contribution compares the unemployment situation arising from the lockdown induced by the Covid-19 pandemic with previous employment crises in Switzerland. In addition, it forecasts the future trajectory of unemployment based on ongoing changes in hazard rates. From a historical perspective, current unemployment as well as that expected by the federal authorities in the medium term do not seem that dramatic. Current hazard rates present a different picture, however, predicting increases in both the unemployment rate and long-term unemployment to record levels.

【 授权许可】

CC BY