Labour Market Resilience

M (Magdalena Krystyna) Bigos, Weys Qaran, M Fenger, Ferry Koster, Peter Mascini, R Veen

Research output: Contribution to conferencePaperAcademic

Abstract

The purpose of this review essay is to shed light on Labour Market Resilience (LMR) as the capacity of labour markets to adapt and respond to challenges, related to recent global economic crisis, differs remarkably across European countries. To this end the essay discusses LMR three-ways. Firstly, it provides a multi-disciplinary literature review on the concept of resilience from which it identifies key concepts that can be translated into labour market context. Secondly, the essay argues that the current state of the art on resilience fails in explaining the promotion of inclusive labour markets and differences in high levels of unemployment rates – especially among vulnerable groups – across Europe. Therefore, this essay explores to what extent the literature on comparative political economy, more specifically Varieties of Capitalism approach (Hall and Soskice, 2001), as well as welfare state literature provides a new insights in order to conceptualise Labour Market Resilience. Building on these, eventually the essay defines and conceptualizes LMR, whereby we perceive resilience as the capacity of labour markets to absorb external shocks and mitigate their impact for employment levels, specifically for vulnerable groups. Finally, this essay operationalizes LMR by identifying factors and conditions that affect resilience. In this way, we will provide an integrated framework which enables investigation of LMR in distinct European settings.
Original languageEnglish
Publication statusPublished - 2013

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