by Jim Rose in Euro crisis, great recession, job search and matching, labour economics, macroeconomics, politics - New Zealand, politics - USA, unemployment Tags: Denmark, employment law, employment protection, flexicurity, labour market regulation, social insurance, welfare state

https://twitter.com/KiwiLiveNews/status/688503382181449728

My search for an example of how Danish flexicurity might have an advantage over the status quo in the New Zealand labour market is still to yield results. Danish flexicurity is no better than New Zealand and often worse in keeping long-term male unemployment rates down as the charts below show. The flexicurity model combines flexible hiring and firing with a generous social safety net and an extensive system of activation policies for the unemployed.

Data extracted on 18 Jan 2016 21:55 UTC (GMT) from OECD.Stat.

The charts above and below do show is that a more generous social safety net for the unemployed introduced with the onset of the Great Recession in the USA was followed by a sharp increase in the incidence of long-term unemployment.

Data extracted on 18 Jan 2016 21:55 UTC (GMT) from OECD.Stat.