Labor Reallocation and Unemployment during the Business Cycles

Join us for an upcoming Economics seminar by Assistant Professor Aigerim Sarsenbayeva, who will discuss how labor shifts across industries influence unemployment during business cycles. Drawing on data from twelve European countries, the talk will explore how flexible labor markets help reduce joblessness during recessions, while strict employment protection can slow adjustment and weaken this stabilizing effect.

The seminar will highlight the importance of balanced labor market policies for enhancing economic resilience during crises such as the Great Recession and COVID-19 pandemic.