Evidence-based policy making
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, including current concerns like the impact of Covid-19, and longer-term problems like inequality.
View our content on Covid-19—Pandemics and the labor market
Government policies can have a modest effect on raising fertility—but broader social changes lowering fertility are stronger
Since 1989 fertility and family formation have declined sharply in Central and Eastern Europe and the former Soviet Union. Fertility rates are converging on—and sometimes falling below—rates in Western Europe, most of which are below replacement levels. Concerned about a shrinking and aging population and strains on pension systems, governments are using incentives to encourage people to have more children. These policies seem only modestly effective in countering the impacts of widespread social changes, including new work opportunities for women and stronger incentives to invest in education.
There are important trade-offs between temporary and permanent migrationMany migrants do not stay in their host countries permanently. On average, 15% of migrants leave their host country in a given year, many of whom will return to their home countries. Temporary migration benefits sending countries through remittances, investment, and skills accumulation. Receiving countries benefit via increases in their prime-working age populations while facing fewer social security obligations. These fiscal benefits must be balanced against lower incentives to integrate and invest in host country specific skills for temporary migrants.MoreLess
Insufficient sleep affects employment and productivityJoan Costa-Font , November 2022Spending time sleeping not only improves individuals’ well-being, but it can influence employment outcomes and productivity. Sleep can be disrupted by company schedules and deadlines, extended working times, and several individual and household decisions. Labor market regulation and corporate strategies should factor in the immediate effect of insufficient sleep on employee fatigue and cognitive performance, and the associated effects on employment disruption and productivity loss. Sleep can be influenced by “sleep friendly” employment regulations, technology nudges, monetary incentives, and subsidies for sleeping.MoreLess
Search requirements for the older unemployed affect their re-employment rates and their flows into states of inactivityHans Bloemen , November 2022Many OECD countries have, or have had, a policy that exempts older unemployed people from the requirement to search for a job. An aging population and low participation by older workers in the labor market increasingly put public finances under strain, and spur calls for policy measures that activate labor force participation by older workers. Introducing job search requirements for older unemployed workers aims to increase their re-employment rates. Abolishing the exemption from job search requirements for the older unemployed has been shown to initiate higher outflow rates from unemployment for them.MoreLess
New businesses are essential to keep unemployment low, but start-ups need loans in order to create jobsHenry R. Hyatt , November 2022Entrepreneurship is essential for a healthy labor market. Recent evidence shows that young businesses (at most ten years old) have, on average, accounted for all of US employment growth over the past few decades. New businesses are especially important for youth employment. However, these businesses tend to borrow a lot, and the credit constraints they face limit their ability to create jobs. Historically, much of the discussion regarding the economic importance of entrepreneurship has focused on small businesses. Empirical evidence increasingly suggests that, among small businesses, those that are young create the most jobs.MoreLess
Nov 29, 2022
Number of 17-19-year-olds in the UK with a probable mental health disorder is up; Would-be home owners are kept out of the market in AustraliaToday’s global news summary brings news from the UK, Australia, and the world and discusses issues as diverse as mental health, homeownership, and air pollution.
UK experts warn about long-term unemployment risks for youth post Covid-19; Australia faces worsening extreme weather eventsToday’s global news summary brings news from the UK, Australia, and the US and discusses issues as diverse as youth unemployment, climate change, and wage increases.
Nov 15, 2022
Virgin Atlantic’s gender-neutral uniform policy will not apply to Qatar flight; Australia free trade deal described as failure by former UK environment secretaryToday’s global news summary brings news affecting Qatar, the UK, and the globe and discusses issues as diverse as LGBT rights, trade, and inequality.
Nov 08, 2022
Scotland pledges more money for the loss and damage of climate change; Rise in UK state pension could cause informal care shortageToday’s global news summary brings news affecting the world, the UK, and the Dominican Republic and discusses issues as diverse as climate change and pensions.
Dec 14, 2022 - Dec 15, 2022
6th IZA/World Bank/NJD/UNU-WIDER Jobs and Development Conference: The Challenge of Creating Better Jobs in Developing Countries
Cape Town, South Africa
The event will focus on policy-relevant research, applicable to identifying solutions to jobs challenges in low- and middle-income countries.
Dec 20, 2022
Research in Labor Economics (RLE) is planning to publish a volume highlighting research using big data for labor market research. The editors encourage the submission of work using new types of data (job ads, social media, printed texts, etc) and/or data analysis tools such as text analysis or machine learning.