Research Article

Labor Underutilization in European Countries: Some Facts About Age and Gender

Volume: 7 Number: 2 November 30, 2021
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Labor Underutilization in European Countries: Some Facts About Age and Gender

Abstract

It is undeniably accepted that labor underutilization has important consequences for economies and societies. Unemployment that is the narrowest measure of labor underutilization is one of the main concerns for policymakers, investors, and society. Besides the standard unemployment rate, there are alternative measures of labor underutilization providing a wider picture of the underutilization of workforce. This study aims to delineate some facts about labor underutilization by age and gender for a group of European countries in a broader view. For this purpose, specifically, time-related underemployment and potential labor force data are employed to measure the labor underutilization along with unemployment. It is observed that there are significant gender and age differences in the labor underutilization components across countries. Elasticity and descriptive analyses together verify that time-related underemployment is more sensitive to unemployment than the potential labor force. While the sensitivity of time-related underemployment to changes in unemployment differs by gender and age, the potential labor force is almost equally sensitive to unemployment regardless of age and gender. The study additionally displays the degree of reallocation between underutilization components and suggests a higher reallocation for the young than adults. On the other hand, reallocation between labor underutilization components is not gender-biased.

Keywords

References

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Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Publication Date

November 30, 2021

Submission Date

April 23, 2021

Acceptance Date

December 21, 2021

Published in Issue

Year 2021 Volume: 7 Number: 2

APA
Özerkek, Y., & Didin Sönmez, F. (2021). Labor Underutilization in European Countries: Some Facts About Age and Gender. Yildiz Social Science Review, 7(2), 147-159. https://doi.org/10.51803/yssr.926562
AMA
1.Özerkek Y, Didin Sönmez F. Labor Underutilization in European Countries: Some Facts About Age and Gender. YSSR. 2021;7(2):147-159. doi:10.51803/yssr.926562
Chicago
Özerkek, Yasemin, and Fatma Didin Sönmez. 2021. “Labor Underutilization in European Countries: Some Facts About Age and Gender”. Yildiz Social Science Review 7 (2): 147-59. https://doi.org/10.51803/yssr.926562.
EndNote
Özerkek Y, Didin Sönmez F (November 1, 2021) Labor Underutilization in European Countries: Some Facts About Age and Gender. Yildiz Social Science Review 7 2 147–159.
IEEE
[1]Y. Özerkek and F. Didin Sönmez, “Labor Underutilization in European Countries: Some Facts About Age and Gender”, YSSR, vol. 7, no. 2, pp. 147–159, Nov. 2021, doi: 10.51803/yssr.926562.
ISNAD
Özerkek, Yasemin - Didin Sönmez, Fatma. “Labor Underutilization in European Countries: Some Facts About Age and Gender”. Yildiz Social Science Review 7/2 (November 1, 2021): 147-159. https://doi.org/10.51803/yssr.926562.
JAMA
1.Özerkek Y, Didin Sönmez F. Labor Underutilization in European Countries: Some Facts About Age and Gender. YSSR. 2021;7:147–159.
MLA
Özerkek, Yasemin, and Fatma Didin Sönmez. “Labor Underutilization in European Countries: Some Facts About Age and Gender”. Yildiz Social Science Review, vol. 7, no. 2, Nov. 2021, pp. 147-59, doi:10.51803/yssr.926562.
Vancouver
1.Yasemin Özerkek, Fatma Didin Sönmez. Labor Underutilization in European Countries: Some Facts About Age and Gender. YSSR. 2021 Nov. 1;7(2):147-59. doi:10.51803/yssr.926562

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