Publication:
Fewer Jobs or Smaller Paychecks? Labor Market Impacts of the Recent Crisis in Middle-Income Countries

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dc.contributor.authorKhanna, Gaurav
dc.contributor.authorNewhouse, David
dc.contributor.authorPaci, Pierella
dc.date.accessioned2012-08-13T10:42:13Z
dc.date.available2012-08-13T10:42:13Z
dc.date.issued2010-04
dc.description.abstractThis note presents early evidence on the labor market impacts of the recent economic crisis in 41 middle-income countries. A broader geographic coverage is prevented by the lack of high-frequency labor market data in other middle-income countries and in the low-income countries. Whereas the economic downturn has threatened recent progress in enhancing employment opportunities, the impact has fallen disproportionately on the quality of employment rather than on the number of jobs. Slower growth in earnings accounts for nearly three quarters of the total adjustment for the average country. The bulk of the earnings adjustment was driven by a reduction in working hours, as well as a shift away from the better-paid industrial sector. Evidence of the adjustment's nature and magnitude suggests a policy package that combines: (1) income maintenance programs that is, cash transfers to low-paid poor workers; (2) interventions that facilitate flexible-hours arrangements; and (3) innovative policies that provide workers access to income maintenance mechanisms to compensate for temporary reductions in standard working hours for example, by granting partial compensation from the unemployment benefit system or by providing paid training opportunities.en
dc.identifierhttp://documents.worldbank.org/curated/en/2010/04/12165783/fewer-jobs-or-smaller-paychecks-labor-market-impacts-recent-crisis-middle-income-countries
dc.identifier.doi10.1596/10197
dc.identifier.urihttps://hdl.handle.net/10986/10197
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesEconomic Premise; No. 11
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectCASH TRANSFERS
dc.subjectCONSUMER PRICE INDEXES
dc.subjectCRISES
dc.subjectCURRENCY
dc.subjectDEVELOPING COUNTRIES
dc.subjectEARNINGS
dc.subjectEARNINGS GROWTH
dc.subjectECONOMIC POLICY
dc.subjectEMPLOYMENT
dc.subjectEMPLOYMENT GROWTH
dc.subjectEMPLOYMENT OPPORTUNITIES
dc.subjectEXPORTERS
dc.subjectFINANCIAL CRISIS
dc.subjectFLOATING RATES
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectHUMAN DEVELOPMENT
dc.subjectINCOME
dc.subjectINCOME MAINTENANCE
dc.subjectINCOME MAINTENANCE PROGRAMS
dc.subjectINCOME TAX
dc.subjectINDUSTRIAL SECTOR
dc.subjectINFLATION
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectJOBS
dc.subjectLABOR MARKET
dc.subjectLABOR MARKET ADJUSTMENT
dc.subjectLABOR MARKET INDICATORS
dc.subjectLOW-INCOME COUNTRIES
dc.subjectMARKET DATA
dc.subjectPOLICY INTERVENTION
dc.subjectPOLICY INTERVENTIONS
dc.subjectPOLICY MAKERS
dc.subjectPOLICY PACKAGE
dc.subjectPOLICY RESPONSES
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICAL ECONOMY CONSTRAINTS
dc.subjectPOVERTY REDUCTION
dc.subjectPRODUCTIVITY
dc.subjectPUBLIC WORKS
dc.subjectREAL WAGE
dc.subjectSOCIAL PROTECTION
dc.subjectTAX CREDITS
dc.subjectTEMPORARY WAGE SUBSIDIES
dc.subjectTOTAL EMPLOYMENT
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT BENEFIT
dc.subjectUNEMPLOYMENT BENEFIT SYSTEM
dc.subjectUNEMPLOYMENT INSURANCE
dc.subjectURBAN AREAS
dc.subjectWAGE BILL
dc.subjectWAGES
dc.subjectWORKERS
dc.subjectWORKING HOURS
dc.titleFewer Jobs or Smaller Paychecks? Labor Market Impacts of the Recent Crisis in Middle-Income Countriesen
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.date.doiregistration2025-04-29T10:23:26.713443Z
okr.doctypePublications & Research::Brief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2010/04/12165783/fewer-jobs-or-smaller-paychecks-labor-market-impacts-recent-crisis-middle-income-countries
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeSocial Protection and Labor
okr.globalpracticePoverty
okr.globalpracticeFinance and Markets
okr.guid558051468151155174
okr.identifier.externaldocumentum000333038_20100429013949
okr.identifier.internaldocumentum12165783
okr.identifier.report54296
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/04/29/000333038_20100429013949/Rendered/PDF/542960BRI0EP110Box349410B01PUBLIC1.pdfen
okr.topicFiscal and Monetary Policy
okr.topicSocial Protections and Labor::Labor Markets
okr.topicSocial Protections and Labor::Labor Policies
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicMacroeconomics and Economic Growth
okr.unitPoverty Reduction and Equity (PRMPR)
okr.volume1 of 1
relation.isAuthorOfPublication4d16fb05-6b86-5273-88d5-b11c3ecb1c5f
relation.isAuthorOfPublication.latestForDiscovery4d16fb05-6b86-5273-88d5-b11c3ecb1c5f
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