Artikel

Labor market policies, unemployment, and identity

Unemployment not only causes material hardship but can also affect an individual's sense of identity (i.e. their perception of belonging to a specific social group) and, consequently, feelings of personal happiness and subjective well-being. Labor market policies designed to help the unemployed may not overcome their misery: wage subsidies can be stigmatizing, measures that require some work or attendance for training from those receiving benefits (workfare) may not provide the intended incentives, and a combination of an unregulated labor market and policy measures that bring people who became unemployed quickly back to work (flexicurity) may increase uncertainty. Policies aimed at bringing people back to work should thus take the subjective well-being of the affected persons more into consideration.

Language
Englisch

Bibliographic citation
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2021 ; Bonn: Institute of Labor Economics (IZA)

Classification
Wirtschaft
General Welfare; Well-Being
Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs
Mobility, Unemployment, Vacancies, and Immigrant Workers: General
Welfare Economics: General
Subject
unemployment
identity
well-being
wage subsidies
income support
workfare

Event
Geistige Schöpfung
(who)
Schöb, Ronnie
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2021

DOI
doi:10.15185/izawol.270.v2
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Schöb, Ronnie
  • Institute of Labor Economics (IZA)

Time of origin

  • 2021

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