Short-time programmes ease unemployment concerns: CEPR study
A Centre for Economic Policy Research paper, published in January, finds evidence that short-time work programmes are an efficient way to reduce unemployment during a period of economic downturn.
Short-time work is an option within the unemployment insurance system that allows employers to reduce the hours of workers for economic reasons, while permitting workers to receive compensation for their partial layoff.
Pierre Cahuc and Stéphane Carcillo, the paper's authors, note that short-time work
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