Short time working arrangements as response to cyclical fluctuation

European Economy  - Occasional Papers 64/2010 - ISBN 978-92-79-15077-7 - doi: 10.2765/53330

The study assesses the short-term working arrangements (STWA) that have been introduced in different EU countries and looks at how these have been used in the context of the economic crisis.In a number of Member States, publicly sponsored short-time schemes are an integral part of the unemployment insurance system. These schemes provide firms with a buffer to avoid mass lay-offs during temporary downturns, while sharing the burden of the adjustment among workers and between workers, government and employers

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